Real estate agency and fiduciary duties
Review how agency relationships create duties such as loyalty, disclosure, reasonable care, confidentiality, and obedience to lawful instructions.
Free Georgia exam prep practice
Prepare for the Georgia Real Estate Salesperson exam with original practice questions, instant answer feedback, clear explanations, and no registration required.
Practice question
A newly licensed salesperson is preparing to work with a sponsoring brokerage firm after passing the licensing exam. Which principle best fits that relationship?
Source-aware practice
This Georgia page was reviewed against public PSI Services LLC and Georgia Real Estate Commission source material documented in the editorial source manifest. The practice set includes 40 original concept-review questions aligned to blueprint domains such as Georgia licensing, GREC oversight, brokerage affiliation, and commission procedures; Georgia real estate practice, agency, disclosures, trust funds, fair housing, and advertising; and contracts, financing, valuation, property ownership, title, and closing concepts. Use the linked regulator or exam administrator resources to confirm current licensing requirements before testing.
These questions are original study material. They are not copied from official exams, recalled items, leaked sources, or answer-sharing sites.
Review details
Reviewed against public licensing guidance and exam outline information where available.
Last reviewed
2026-08-18
Licensing authority
Georgia Real Estate Commission
Exam vendor
PSI Services LLC
State-specific review topics
Study guide
Use this guide with the practice flow above. The goal is not to memorize answers, but to recognize how agency, disclosure, contract, financing, ownership, fair housing, and Georgia licensing concepts appear in question form.
Review how agency relationships create duties such as loyalty, disclosure, reasonable care, confidentiality, and obedience to lawful instructions.
Focus on identifying known facts that could affect a buyer's decision, especially property condition issues and required transaction disclosures.
Practice offer, acceptance, consideration, competent parties, lawful purpose, contingencies, and other concepts that make real estate agreements enforceable.
Review loan-to-value, escrow, closing steps, earnest money, and how funds and documents move through a transaction.
Know the difference between deeds, title, ownership interests, valuation methods, and documents that do not transfer ownership.
Georgia-focused review should include licensing responsibilities, advertising rules, fair housing, consumer protection, and regulator guidance.
Sample questions
Use these sample questions to check your readiness. Each one includes the correct answer and a short explanation. Start the interactive practice above to work through the full 40-question set with answer feedback and optional AI help.
Correct answer: B. The salesperson should conduct licensed activity through the brokerage relationship and follow broker supervision
Explanation: A salesperson's licensed practice is tied to brokerage supervision and the applicable brokerage relationship. The salesperson does not replace government authorities or bypass broker procedures.
Correct answer: C. Address the known material information through proper disclosure and broker guidance
Explanation: Known material information should not be concealed. A licensee should use proper disclosure practices and broker guidance when a property condition could affect a buyer's decision.
Correct answer: D. Georgia Real Estate Commission
Explanation: The Georgia Real Estate Commission is the state commission connected with Georgia real estate licensing and regulatory procedures. Private vendors and local offices may be involved in practice, but they are not the licensing commission.
Correct answer: C. Follow the contract, broker procedures, and applicable entrusted-funds requirements
Explanation: Earnest money and similar entrusted funds require careful handling under the contract, applicable rules, and broker procedures. They should not be treated as personal or office funds.
Correct answer: B. $306,000
Explanation: A 15% down payment leaves 85% to finance. $360,000 x 0.85 = $306,000.
Correct answer: C. An easement allowing a defined use of another person's land
Explanation: An easement is a right to use another person's land for a defined purpose, such as access or utilities. It can affect property use and title review.
Correct answer: D. Income approach
Explanation: Income-producing properties are often analyzed with the income approach, which considers income and capitalization concepts.
Correct answer: A. Fair housing discrimination
Explanation: Refusing service or steering based on protected characteristics raises fair housing concerns. The issue is discrimination, not valuation, title insurance, or property description mechanics.
Correct answer: B. Definite contract terms and contingency language
Explanation: Purchase agreements commonly use definite terms and contingencies to define the parties' obligations. A contingency is a contract condition, not an appraisal or tax assessment process.
Correct answer: D. Advertising should be accurate, properly supervised, and consistent with fair housing duties
Explanation: Real estate advertising should avoid misleading claims, follow brokerage supervision, and respect fair housing responsibilities. Online format does not remove those duties.
Common questions
No. They are original practice questions designed to review common real estate principles and Georgia salesperson licensing concepts.
No. Basic practice questions, answer feedback, and explanations are available without login.
Yes. Rules can change, so confirm current requirements with the Georgia Real Estate Commission or your prelicensing provider.