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Real Estate Salesperson Exam — National Portion

Agency (GA): practice questions

Our Real Estate (National) bank has 10 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Georgia

A brokerage engagement has no expiration date and has not been terminated or completed. When does the relationship end?

  1. When either party dies or moves away
  2. Ninety days after the engagement began
  3. One year after the engagement began
  4. Six months after the engagement began
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C. One year after the engagement began — O.C.G.A. 10-6A-9(a)(2)(C).

Question 2 · Georgia

What does Georgia require before a broker acts as a dual agent?

  1. Oral consent from both parties, recorded and kept in the broker's transaction file
  2. Advance approval from the Real Estate Commission for that transaction
  3. Written consent of the seller, with notice to the buyer at the closing
  4. Written consent of all clients containing the statements the statute lists
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D. Written consent of all clients containing the statements the statute lists — O.C.G.A. 10-6A-12(a).

Question 3 · Georgia

A broker's duty to keep a client's confidence conflicts with the duty not to give customers false information. Which governs?

  1. The duty to keep the client's information confidential
  2. Whichever duty the brokerage engagement ranks first
  3. The duty not to give customers false information
  4. Neither; the broker must withdraw from the transaction
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C. The duty not to give customers false information — O.C.G.A. 10-6A-9(c).

Question 4 · Georgia

Which advisory must every Georgia brokerage engagement give the prospective client?

  1. The names of all other sellers and buyers the broker represents
  2. The broker's own estimate of the property's appraised value
  3. The broker's errors and omissions insurance carrier and limits
  4. Whether the broker will share compensation with other brokers
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D. Whether the broker will share compensation with other brokers — O.C.G.A. 10-6A-10(3).

Question 5 · Georgia

Which is a ministerial act a Georgia transaction broker may perform for any party?

  1. Advising a buyer on how much to offer
  2. Negotiating the price for the seller's benefit
  3. Recommending which terms a seller should accept
  4. Acting as a scribe in preparing form contracts
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D. Acting as a scribe in preparing form contracts — O.C.G.A. 10-6A-14(a)(4).

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