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Ga Real Estate Practice Exam

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Georgia REAL ESTATE EXAM PREP

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We are proud to have built the strongest, most effective Georgia real estate salesperson prep guide available. Our team has put an enormous amount of energy and time into making sure that we present the Georgia real estate testing material in the most efficient manner. This makes prep studying for this test as quick and easy as possible. We help students cut through the clutter, so they can achieve that passing score and move forward with their career goals and professional dreams. If you have three months to prepare for this test, our system is right for you. If you are studying for the Georgia real estate test at the last minute, our system is right for you. Remember, successful results are guaranteed — or you get a full refund. Georgia Reciprocal Agreements Georgia has broad real estate license reciprocity with other states. There is one major exception, however: Florida residents are required to pass a supplement exam offered by the state of Georgia to be able to get a reciprocal license.

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You can take this practice test an unlimited amount of times. Closing your browser or leaving this page will clear your answers. We have far more materials waiting for you when you are ready to move forward. Good luck on the Georgia real estate salesperson practice exam! Georgia State Section Click on the button below to "Start" your practice exam now. Leaving the page and or closing the browser now or at any moment during the exam will reset your answers. You can always go back and retake any practice test. You can also go over your answers at any moment during the practice test by clicking "List" and picking one of the questions that interests you. Start Congratulations - you have completed Georgia State Section. Question 1 A Salesperson license fee costs how much?

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Georgia real estate salesperson exam prep. Schools, safety, job opportunities, healthcare, and activities. Attend our real estate courses to become a georgia real estate licensee. Image Source: www. Pass the real estate exam with confidence! Image Source: in. Free real estate exam practice test to help you get your real estate license. Start studying georgia real estate exam. Georgia sample practice real estate exam questions and answers. Welcome to our free real estate exam! Make sure to look at a real estate practice exam to know what you should expect. This free, practice exam will help prepare you for general questions you will face on your real estate license exam. Suitable for broker candidates in al, ga, mo, mt, nd, ne, nh, sd, vt, wv, and wy.

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To find a candidate handbook, testing locations, fees and scheduling information, make a selection in each category below. Already have an account with us? Log in here Handbooks, Special Accommodations and Rescheduling Most programs offer a candidate handbook with information including eligibility to test, examination content, and testing fees. This link will take you to the examination selection page where you can locate the candidate handbook for your program. We recommend you read and understand the information provided in the handbook prior to scheduling your examination. To access candidate handbooks, please follow the three steps above Special Examination Accommodations AMP complies with the Americans with Disabilities Act and ensures that no disabled individual is deprived of the opportunity to take an examination solely by reason of that disability.

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Special examination arrangements may be made for individuals on a case-by-case basis. If you require special accommodations, complete the Request for Special Examination Accommodations form included in your handbook and submit it a minimum of 45 days prior to your anticipated examination date. The information you provide and any documentation regarding your disability and your need for accommodations will be treated with strict confidentiality. Rescheduling You may reschedule your examination appointment online by following the three steps above or by calling our Candidate Support Center. Your appointment cannot be rescheduled by email. Refer to your Candidate Handbook for specific rescheduling guidelines. General Recommendations What to Expect Watch this video for an introduction to the test center.

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It will walk you through a typical testing experience, but please reference your candidate handbook for requirements specific to your program. Prepare Prepare in advance. Use study guides and other reference materials to prepare for your examination. Be sure you read and understand the candidate handbook for your examination program. Rest Get plenty of sleep the night before your examination. Breaks Make sure you have eaten before the administration begins, you will not be allowed food or drink in the testing room. You will be allowed restroom breaks, but you will not be given additional time for time lost during breaks.

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What to Bring Two current forms of identification are required, one government issued with photograph and both must have your name and signature. If a calculator is allowed for the examination, make sure your calculator complies with the calculator requirements and is in working order. Location Make sure you know where your testing center is located. Be sure to allow extra time for traffic, parking and getting settled before the examination. Temperature Dress in layers so you can adapt to any room temperature. Heavy coats and hats are not allowed in the testing room. Personal Belongings No personal belongings, including cell phones, smart phones or other electronic devices are allowed in the testing room. You will be asked to return them to your car or turn them to the off position and place them in a soft-locker provided by the site.

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If your electronic device rings, vibrates or makes any noise during the examination, you will be dismissed from testing and no refund will be provided. Otherwise you will receive instructions indicating when you can expect to receive a score report. Additional instructions for after testing may be available in the candidate handbook.

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View Explanation Track Your Progress Track your progress with detailed exam results and cumulative history charts. Analyze your past scores, the time taken to complete a test, and knowledge area strengths and weaknesses. Simply log in to your account and pick up where you left off! Download the app and start studying for free today. Download on your mobile device No Internet Required Study anywhere, anytime. Open the app on your mobile device to get started. Study Modes See answers and explanations as you go or simulate an official exam by waiting until the end. Study Reminders Schedule daily study time that fits your busy schedule and never forget to study. Question of the Day Finding motivation to study can be tough.

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Challenge yourself with a new QOTD each day. In-App Support Reach us through the app and enjoy personalized support. Let us help you succeed! Always Affordable Pass your next exam without breaking the bank. Start studying for free today! I passed first try and am stoked! Thank you! The math is relevant to true situations. Enjoy the scope of questions, and how they're scored. Our Company.

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Important: this web test content is identical to the National Real Estate Salesperson Sample Examination listed below. Web Tests are preparation examinations taken via the internet only. After you successfully place your web test order we will immediately e-mail you a sign-up confirmation email with assigned login information. Important Information All Web Tests can be taken only once per purchase. All Web Tests have a valid testing period, please check the store description and the sign-up confirmation email for this information. Once you Finish the web test you cannot access it again. Use the EXIT option if you would like to exit and return to your web test. All Web Tests are non-refundable. All Web Tests are non-transferable. There is only one form of questions for each examination. Post navigation Providing access to a comprehensive library of online courses, videos, practice exams and other educational resources Search By State.

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For me it mainly worked on my quick memory recall on real estate terms, analyzing situations and doing math problems. The ability to label the questions so you can answer it again later was a big help as well. I just kept retaking the questions until I knew the answers to all. I also reset all the questions and answered them again. I passed the exam on the first try! The exam is not easy at all! The questions are worded very different than the Dearborn app and book. I wished the questions in the app were not the same as the book only some seemed different. Also wish they had a state version to study, although the state version of the exam was much easier than the general portion. Very easy to use and you can practice anywhere from your phone. Kem M. I heard about this app from a You Tube video and decided to take a look at it.

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I planned to try it again the next day but forgot. There were no clear cancellation instructions, so I emailed customer service. I kept received response emails stating that I emailed them outside of their normal business hours. I double-checked and saw that my original email was well within their business hours and the second email was one I was hoping they would see the next day.

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After emailing a third time, I received a really rude email from a supposed to be manager, Blake D. He goes on to say that I would have to cancel and request a refund through Apple, not them. Horrible customer service! I'm not sure that you have seen our replies. Our intention is always to give customers the best experience possible. I just found out that I passed my exam only using the Dearborn Real Estate app! The questions were exactly like I saw on the exam and they will definitely prepare you. Plus, every question includes a detailed explanation of the answer to give you a deeper understanding. It also tracks your progress along the way to enhance your confidence in passing. I have recommended this app to a lot of friends, and they have unanimously agreed that this is useful and well worth the price. Their support team is also wonderful - their responses are quick, and it is obvious that they are passionate about those who use their apps.

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HIGHLY recommend purchasing the premium version of this app if you want to pass your exam the first time. Developer Response , That is great news! Congratulations : We're so happy to hear that our app could be part of your journey. Please feel free to reach out to us directly if you have any questions or concerns in the future, we're here to help!

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Please choose another answer. You can only legally receive a commission from your employer. True False Only a real estate licensee who is authorized by law to work independently can receive a commission directly from a member of the public. If not legally authorized to work independently, a real estate licensee can only receive a commission from the employing broker. This gives the employing broker additional control to ensure that, among other things, the transaction record is complete, fair housing laws are followed, and the appropriate disclosures are made in a timely fashion. Incorrect answer. Two managing brokers from different brokerage got together to play golf. During their private round of golf, the two brokers quietly decided to that the commission rates for the two brokerage firms should match.

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This is an example of: a. Legal behavior permitted in a free market economy. Illegal behavior under the Sherman Antitrust Act. Illegal discrimination under federal fair housing laws. Prohibited by the Statute of Frauds Quietly fixing brokerage firm commissions is the anti-competitive, collusive behavior that the federal Sherman Antitrust Act made illegal in A is incorrect. Since the federal Sherman Antitrust Act of was enacted, firms including real estate brokerage firms have been legally prohibited from engaging in anti-competitive activity like fixing prices, fees, or commissions. Other prohibited acts include dividing up geographic territories or boycotting brokers offering cut-rate discounts. C is incorrect. There is nothing in the test question to suggest that the two brokers are engaging in housing discrimination.

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D is incorrect. The Statute of Frauds is not related to price fixing. The Statute of Frauds requires certain contracts and agreements be formalized in writing in order to be enforceable in a court of law. All cash sales b. Sales invovling seller financing c. Federally related mortgage loans d. Because nearly all loans on residential properties are federally related, RESPA regulations cover the vast majority of residential loans. Here are some of the loans that are considered federally related: VA guaranteed loans, FHA insured loans, loans intended to be sold onto the secondary mortgage market, lenders with FDIC, etc.

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A, B, and D are incorrect. Other exempt loans include: commercial loans, business loans, land contracts, and loans for land tracts of 25 or more acres, etc Incorrect answer. For a deed to be valid, it must be: a. Signed by the grantor b. Signed by the grantee c. Recorded at the state level. All of the above. A deed must be signed by the grantor i. B is incorrect. The grantee does not have to sign the deed. The grantee must accept delivery of the deed, but that can be achieved through possession of the deed, taking possession of the property, taking out a loan on the property, etc.

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For most states, official records are recorded at the county level. An agent, broker or lender who is "blockbusting" is trying to scare owners in a neighborhood into selling their property. Real estate licensees engaged in panic peddling by frightening homeowners with the prediction that minority members moving into the neighborhood would result in increased crime and declining property values.

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This now illegal practice was historically profitable for real estate professionals, and frequently resulted in homeowners selling at a loss. A buyer is applying for an ARM loan. Do the payments on this type of loan product change? They stay the same over the course of the loan. The interest rate changes annually, either raising or lowering the payment. The interest rate goes up every year. The interest rate goes down every year. In contrast to the fixed-rate mortgage, the ARM interest rate is tied to an economic index and can go up or down, depending on market trends. Typically, the ARM loan adjusts annually, but lender and borrower can negotiate how frequently an adjustment can occur. The interest rate on an adjustable rate mortgage is periodically adjusted based on an economic index published by a neutral third party.

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The loan paperwork states which economic index the lender will follow. C and D are incorrect. The interest rate on an ARM loan is variable and can either rise or fall, depending on current market conditions. How much time must a prospective borrower be given to review the Closing Disclosure? One week before closing A prospective borrower must be given 3 business days to review the Closing Disclosure prior to the closing.

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This goal of this 3-day window is to give the consumer time to raise any questions with the lender prior to becoming obligated under the terms of the new loan. If borrowers are undergoing a personal financial emergency, they can waive taking 3 business days to review the Closing Disclosure. An example of this type of emergency is when a borrower needs a new loan immediately in order to prevent an upcoming foreclosure sale. Note: Lenders are required to provide consumers with both a Loan Estimate and a Closing Disclosure, and are not allowed to charge for either disclosure.

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The Loan Estimate must be delivered to the consumer within 3 business days after the loan application is submitted. A major institutional lender discriminates against certain prospective borrowers based solely upon their homes being located in depressed neighborhoods. The lender does this by giving no consideration to either the condition of the specific property or the creditworthiness of the prospective borrower. What is the name of this illegal activity? Redlining c. Air loans d. Backward applications Redlining is the illegal denial of a loan application based upon the location of the securing property without any consideration of the employment history or creditworthiness of the loan applicant or of the condition of the property itself.

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This activity got its name from the maps that lenders used to have up in their offices. A silent second is a loan between the buyer and the seller for part or all of the down payment. Silent seconds are a type of mortgage fraud and are illegal. An air loan is another type of mortgage fraud perpetrated upon lenders. This involves getting a mortgage loan on a parcel of real estate that does not exist. A backward application is another type of mortgage fraud committed on lenders. Here, the buyer finds a desirable property and lies about his or her income in order to qualify for a purchase money mortgage.

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