A licensee has been convicted of felony fraud in federal court. Which of the following actions would NOT be within GREC's appropriate disciplinary response?
Correct Answer
B) Permitting the licensee to continue closing pending transactions before any disciplinary action takes effect
Under O.C.G.A. § 43-40-25, GREC has broad authority to take disciplinary action upon a felony conviction, and such action is typically immediate to protect the public. Allowing a licensee convicted of felony fraud to continue conducting real estate transactions — even pending ones — would expose consumers to potential harm and is inconsistent with GREC's consumer protection mandate. GREC would not delay enforcement to accommodate a convicted felon's pending deals.
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