Georgia Real Estate License Law Practice Exam - Prep, Practice Test & Study Guide

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What must a Georgia broker check when entering into a written agreement with a non-resident licensee?

Financial standing of the licensee

Client list of the licensee

Their specific experience in the field

When a Georgia broker enters into a written agreement with a non-resident licensee, the primary responsibility is to verify that the licensee holds a valid and current license to practice real estate in their home state. This requirement is crucial because it ensures that the non-resident licensee is legally permitted to engage in real estate transactions. A broker needs to confirm that the license is active and in good standing to protect both themselves and their clients from potential legal issues that may arise from working with an improperly licensed individual.

Understanding the licensure of a non-resident licensee is essential for compliance with Georgia's real estate laws and regulations. This step safeguards the integrity of the real estate practice and maintains the standards set forth by the Georgia Real Estate Commission. Therefore, while other factors such as financial standing, client lists, and experience may be important in evaluating a licensee, the most critical aspect, as mandated by law, is that they hold a valid license to operate in their jurisdiction.

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Licensure of the licensee

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