Georgia License Law
A Georgia real estate agency that fails to maintain the required trust accounts may be subject to:
AOnly a warning letter from GREC
BImmediate license revocation and potential criminal charges✓ Correct
CA requirement to take additional courses
DMandatory mediation
Explanation
Failure to maintain proper trust accounts is one of the most serious GREC violations and can result in immediate license revocation and criminal charges for conversion of client funds.
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