Questions Licensees Frequently Ask the Commission

Individuals in Real Estate License Law

Licensure

Investigations and Disciplinary Procedures

Opening and Closing a Real Estate Brokerage Firm

Trust Accounts and Trust Funds

Online Education

Agency

The Georgia Brokerage Relationships in Real Estate Transactions Act

The Brokerage Engagement Agreement

Commissions

Antitrust and Related Laws

Fair Housing Laws in Brokerage Practice

Real Property and Personal Property

Real Property and Ownership Rights

Transfer of Ownership Rights and Interests

Public and Private Limits and Controls on Real Property

Concepts and Issues in Real Estate Sales Contracts

Georgia Law for the Real Estate Sales Contract

Drafting and Presenting Offers

Earnest Money Procedures for Licensees

Special Stipulations and Other Clauses in the Sales Contract

Concepts and Issues in Listing Agreements (Brokerage Engagement)

Practical Aspects of the Listing Process

The Exclusive Right to Sell Listing Agreement (Brokerage Engagement)

Showing Another Listing

Legal Descriptions Used in Georgia

Legal Descriptions in the Sales Transaction

The Legal Relationship Between Landlord and Tenant

The Legal Components of a Lease

Additional Clauses in the Lease

Security Deposits

Preparing a Residential Lease

Concepts and Issues in Pricing Property

The Appraiser's Sales Comparison Approach

The Broker's Competitive Market Analysis Technique

The Appraiser's Cost Approach

Appraising Income Property

The Security Deed and the Promissory Note

Default and Foreclosure

Financial Concepts and the Conventional Fixed Rate Loan

Federal Housing Administration [FHA] and Veterans Administration [VA] Loan Programs

The Adjustable Rate Loan, the Graduated Payment Loan, and Other Loan Arrangements

Alternative Financing Agreements

Primary and Secondary Mortgage Markets

Contract to Closing

The Closing

The Closing Statement

The Property Management Function

Tenant Relationships and Policies

Managing the Physical Asset

The Rent and Tenant Management System

Managing the Financial Aspects of a Real Property Asset

Real Property Management

Creation of Community Associations

Administration of Community Associations

Operation of Community Associations

Real Estate Arithmetic and Mathematics

Important Links to External Sites