Georgia License Law
A Georgia broker who discovers that a salesperson affiliated with their brokerage has been commingling client funds must:
AHandle it internally without involving GREC
BCorrect the violation immediately and consider reporting to GREC if required✓ Correct
CIgnore it if the clients were not harmed
DWait for a client complaint before acting
Explanation
A broker who discovers commingling must address it immediately. Depending on the circumstances, the broker may be required to report the violation to GREC. Covering up violations creates additional liability.
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