Georgia Real Estate Exam 10-Question Diagnostic Practice Test

Q: How many questions are on the Georgia real estate exam, and what is the passing score?

The Georgia real estate salesperson exam consists of 152 total questions: 100 National Core questions and 52 Georgia State Law questions. You are given 4 hours (240 minutes) to complete the examination administered by PSI Services. To pass, you must achieve a minimum score of 75% on both sections: at least 75 out of 100 on the National portion, and at least 39 out of 52 on the Georgia State portion.

Q: How hard is the Georgia real estate exam?

The Georgia Real Estate Commission (GREC) salesperson exam has a first-time pass rate between 55% and 60%. The state section is particularly demanding because Georgia does not follow common law agency; candidates are tested heavily on the Brokerage Relationships in Real Estate Transactions Act (BRRETA), Georgia Title Theory security deeds, non-judicial foreclosure on the first Tuesday of the month, and transfer/intangible tax math calculations.

Q: How much does the Georgia real estate exam cost?

The examination fee is $121 per attempt, paid directly to PSI Examination Services. Upon passing both portions, the initial Georgia salesperson licensing fee is $170 for a four-year license. Candidates must also complete a Georgia Crime Information Center (GCIC) background check report, typically costing $15 to $25.

Q: What is BRRETA and why is it so heavily tested on the Georgia exam?

BRRETA stands for the Brokerage Relationships in Real Estate Transactions Act (O.C.G.A. Title 10 Chapter 6A). Enacted to eliminate common law fiduciary ambiguity, BRRETA defines contractual duties owed to clients (who have signed written brokerage agreements) versus customers (to whom only ministerial acts and honesty are owed). Crucially, BRRETA mandates the disclosure of known adverse physical conditions within a 1-mile radius and establishes that Designated Agency is legally NOT considered dual agency.

Q: What is the 25-hour Postlicensing education requirement in Georgia?

All newly licensed Georgia salespersons must successfully complete an approved 25-hour Salesperson Postlicense course within their first year (12 months) of licensure. Failure to complete this course will cause the license to automatically lapse. The 25-hour post-license course also counts as 9 hours of continuing education toward the licensee's first 36-hour quadrennial renewal cycle.

Q: How does foreclosure work in Georgia with a Security Deed?

Georgia is a Title Theory state that uses a Security Deed (Deed to Secure Debt) containing an automatic power-of-sale clause, rather than a mortgage. Upon loan default, foreclosure is non-judicial (no court lawsuit needed). The lender must publish a foreclosure notice once a week for 4 consecutive weeks in the county's official legal organ newspaper, and conduct the public auction on the First Tuesday of the month at the county courthouse steps between 10:00 AM and 4:00 PM.

Q: How do you calculate the Georgia Real Estate Transfer Tax?

The Georgia Real Estate Transfer Tax is computed at $0.10 per $100 (or $1.00 per $1,000) of the net taxable consideration (sales price minus any existing mortgage assumed by the buyer). For example, on a $300,000 purchase with no assumed loan: $300,000 / $100 = 3,000 units × $0.10 = $300.00. Customarily, the transfer tax is paid by the seller upon recording the warranty deed.

Q: How do you calculate the Georgia Intangible Recording Tax?

The Georgia Intangible Recording Tax applies to all new long-term notes secured by real estate with a maturity exceeding 3 years (36 months). The statutory rate is $1.50 per $500 (or fraction thereof) of the loan principal (0.3%). For a $200,000 mortgage: ($200,000 / $500) = 400 units × $1.50 = $600.00. The statutory maximum cap is $25,000, and it is paid by the buyer to the county tax commissioner within 90 days.

Q: Can you take the Georgia real estate exam online from home?

Yes. PSI offers both in-person computer testing at official PSI testing centers statewide (such as Atlanta, Duluth, Macon, Savannah, Augusta, and Columbus) and online remotely proctored examinations using a secure computer browser with a webcam and microphone.

Q: What are the eligibility requirements to get a real estate license in Georgia?

To obtain a Georgia salesperson license, you must: 1) Be at least 18 years of age; 2) Be a high school graduate or hold a GED; 3) Successfully complete an approved 75-hour Georgia salesperson pre-license course; 4) Obtain a clean GCIC criminal background report; 5) Pass the PSI salesperson licensing exam with at least 75%; and 6) Be sponsored by an actively licensed Georgia broker.

Question 1

Under the Georgia Brokerage Relationships in Real Estate Transactions Act (BRRETA, O.C.G.A. § 10-6A-5), a listing broker representing a seller has a statutory duty to disclose to prospective buyers which of the following environmental or physical conditions?

Accepted Answer

B. Material adverse physical conditions on the property and environmental hazards within a one-mile radius of the property that are actually known and not readily discoverable by a reasonably diligent inspection.

Answer

A. All registered sex offenders residing within a two-mile radius of the subject parcel.

Answer

C. Whether a previous occupant died of suicide or HIV/AIDS on the real property.

Answer

D. The lowest acceptable price the seller would agree to accept if a cash offer is presented.

Question 2

Brokerage Peachtree Properties represents both Seller Sam and Buyer Betty in an in-house sale. The managing broker assigns Salesperson Amanda to represent Sam and Salesperson Carlos to represent Betty. Under Georgia BRRETA law (O.C.G.A. § 10-6A-13), what agency relationship is created, and is this classified as dual agency?

Accepted Answer

A. It is a Designated Agency relationship, and Georgia statute explicitly specifies it is NOT considered dual agency.

Answer

B. It is a Dual Agency relationship requiring equal neutrality from both Amanda and Carlos.

Answer

C. It is a Transaction Brokerage relationship where both parties become unrepresented customers.

Answer

D. It is an illegal conflict of interest unless approved in writing by the Georgia Real Estate Commission.

Question 3

In Georgia, the primary legal financing instrument used to secure a residential mortgage loan is the Security Deed (Deed to Secure Debt). Because Georgia operates under Title Theory with a power-of-sale clause, how is a real estate foreclosure conducted when a borrower defaults?

Accepted Answer

B. The lender exercises the non-judicial power-of-sale clause after advertising for 4 consecutive weeks in the county's legal organ, holding the public auction on the first Tuesday of the month.

Answer

A. The lender must file a formal judicial lawsuit in Superior Court and obtain a judge's decree of sale.

Answer

C. The property automatically reverts to the Georgia Department of Banking without public notice.

Answer

D. The sheriff conducts a private auction inside the county tax commissioner's office on the 15th of the month.

Question 4

A residential home in Fulton County sells for $350,000. The buyer obtains a new conventional loan for $280,000 and pays the remaining $70,000 in cash. No existing loans are assumed. Under O.C.G.A. § 48-6-1, what is the exact Georgia Real Estate Transfer Tax owed on this deed conveyancing?

Accepted Answer

B. $350.00

Answer

A. $280.00

Answer

C. $700.00

Answer

D. $1,050.00

Question 5

In a residential purchase closing, a buyer borrows $300,000 via a 30-year fixed promissory note secured by a security deed. Under O.C.G.A. § 48-6-61, what is the Georgia Intangible Recording Tax rate on this new long-term debt, and how much must be paid to the county tax commissioner within 90 days?

Accepted Answer

A. $1.50 per $500 (or fraction thereof) on new long-term debt exceeding 3 years = $900.00

Answer

B. $0.10 per $100 of total loan consideration = $300.00

Answer

C. 1% flat on all mortgage instruments = $3,000.00

Answer

D. Intangible recording taxes only apply to commercial transactions over $1,000,000

Question 6

Salesperson DeMarcus passes his Georgia real estate licensing exam and receives his active salesperson license on March 15, 2026. Under O.C.G.A. § 43-40-8 and GREC Rule 520-1-.05, what mandatory education must DeMarcus complete within his first year of licensure to prevent his license from lapsing?

Accepted Answer

B. A 25-hour Salesperson Postlicense course approved by GREC.

Answer

A. A 14-hour annual continuing education ethics package.

Answer

C. A 60-hour broker management qualifying course.

Answer

D. A 3-hour trust accounting seminar before the county probate judge.

Question 7

A consumer obtains a valid civil court judgment against a licensed Georgia broker for fraudulent conversion of escrow funds. The judgment is completely uncollectible from the broker. If the consumer files an application for payment from the Georgia Real Estate Education, Research, and Recovery Fund under O.C.G.A. § 43-40-29, what is the MAXIMUM payout available?

Accepted Answer

B. $25,000 per transaction, with a lifetime maximum of $75,000 per licensee.

Answer

A. $10,000 per transaction, with a lifetime maximum of $25,000 per licensee.

Answer

C. $50,000 per transaction, with an unlimited aggregate pool.

Answer

D. $100,000 per occurrence regardless of multiple claimant claims.

Question 8

Brokerage Southern Oak Realty opens an interest-bearing escrow trust account at a federally insured bank in Savannah to hold client earnest money. Under GREC Rule 520-1-.08, within what timeframe must the broker notify the Georgia Real Estate Commission of the account name and number?

Accepted Answer

B. Within 30 calendar days of opening the trust account.

Answer

A. Within 24 hours of receiving the first deposit.

Answer

C. At the time of the broker's quadrennial license renewal.

Answer

D. Only if the account balance exceeds $100,000.

Question 9

Under O.C.G.A. § 10-6A-4, if a Georgia real estate brokerage agreement (such as an exclusive buyer representation agreement) fails to specify a definitive termination date, how does BRRETA govern its expiration?

Accepted Answer

B. The agreement automatically terminates one year after the date of its inception.

Answer

A. The agreement is void ab initio from inception.

Answer

C. The agreement remains perpetually binding until canceled in writing by both parties.

Answer

D. The agreement converts automatically into an unrepresented customer contract after 90 days.

Question 10

A residential parcel in Gwinnett County has an official county fair market value appraisal of $400,000. In Georgia, real property is assessed at the uniform statutory assessment ratio of 40%. If the combined county and school millage rate is 32 mills (0.032), what is the annual ad valorem property tax before homestead exemptions?

Accepted Answer

A. $5,120.00

Answer

B. $12,800.00

Answer

C. $3,200.00

Answer

D. $1,600.00

Georgia Real Estate Practice Exam & 2026 GREC PSI Study Guide

How the Georgia Real Estate Exam is Administered

100 National Questions

52 Georgia State Questions

Split-Score Preservation

Free 10-Question Georgia Real Estate Diagnostic Test

The 3 Official Georgia State Law Testing Domains

Georgia Real Estate License Law & Commission Rules

Real Estate Practice in Georgia & BRRETA

Georgia Real Estate Finance, Taxes & Closing

3 Georgia-Specific Rules You Must Memorize for the Exam

How to Get Your Georgia Real Estate License in 2026

75-Hour Prelicense Course

Get GCIC Background Check

Pass the 152-Q PSI Exam

Broker Sponsorship

25-Hour Post-License Course

Georgia Real Estate Exam FAQs

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