Georgia License Law
A Georgia licensee who wishes to operate under a trade name must:
AFile the trade name with GREC
BRegister the trade name with the Georgia Secretary of State and disclose it on all advertising✓ Correct
CGet permission from the local REALTOR board
DUse only their legal name in all transactions
Explanation
A broker operating under a trade name must register it appropriately. All advertising must be consistent with the registered name and broker identity requirements under GREC rules.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
State-Specific Concepts
GREC Regulation
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