Georgia License Law
A Georgia broker who accepts compensation from both the buyer and seller in a transaction without full written disclosure and consent of both parties is guilty of:
AA. A minor ethical violation
BB. Undisclosed dual compensation, which violates GREC regulations✓ Correct
CC. A tax violation only
DD. Acceptable standard practice
Explanation
Receiving compensation from both parties without full disclosure and consent is a violation of Georgia license law. All compensation arrangements must be disclosed in writing and consented to by all parties.
Related Georgia Georgia License Law Questions
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