Georgia License Law
Under Georgia law, an unlicensed personal assistant working for a real estate broker may legally:
AShow properties to prospective buyers
BPrepare and present offers on behalf of the broker
CPerform administrative tasks such as scheduling and filing✓ Correct
DNegotiate transaction terms with clients
Explanation
An unlicensed assistant may perform administrative and clerical tasks. They may not engage in licensed activities such as showing properties, negotiating, or preparing offers.
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Key Terms to Know
Contingency
A condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
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