Georgia License Law
A Georgia real estate license may be placed on inactive status. While inactive, the licensee may:
AContinue to receive commissions for transactions closed before going inactive✓ Correct
BPerform limited real estate activities under a supervising broker
CConduct open houses but not negotiate contracts
DPractice real estate without restriction
Explanation
A licensee on inactive status cannot perform any real estate activities, but may still receive commissions for transactions that were completed before their license went inactive.
Related Georgia Georgia License Law Questions
- The Georgia Real Estate Appraisers Board (GREAB) is responsible for licensing:
- What is the maximum amount that may be paid from the Georgia Recovery Fund to a single claimant for acts against them by one licensee?
- The maximum Recovery Fund payment per transaction in Georgia is:
- A Georgia real estate licensee may be disciplined by GREC for all of the following EXCEPT:
- Under GREC rules, a broker who wishes to operate multiple offices must:
- GREC members are appointed by whom?
- Which of the following is NOT required for a Georgia real estate license application?
- The Georgia Real Estate Commission has the authority to do all of the following EXCEPT:
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