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Access frequently asked questions about NC Child Support Services by using the tabs below. https://www.ncdhhs.gov/divisions/social-services/child-support-services/frequently-asked-questions-about-child-support However, Georgia law requires that any licensee with a license on inactive status for more than two years complete six hours of education for every year the license was inactive prior to returning to active status. Courses must be taken no more than one year prior to the date of the reactivation of the license. What can an inactive real estate agent do in Georgia?An active license means you have a sponsoring broker, which allows you to engage in real estate brokerage activities, such as selling or leasing properties. An inactive license means you do not have a sponsoring broker and you cannot engage in any real estate brokerage activities. How do I make my real estate license inactive in GA?2. In order to reactivate an inactive license, submit the appropriate application, forms, and fee to the Board. If a license is inactive for twelve months or less, but no more than twenty-four months, the applicant must submit forty (40) hours of CE obtained since the Board’s last renewal period. What will cause a Georgia real estate license to lapse?The Georgia Real Estate Commission requires all newly licensed agents to complete the 25-hour Sales Postlicense Course within one year of obtaining their license. If you fail to complete the post-license course, your license will be considered “lapsed” and you will have to reinstate your license. How do I activate my Georgia real estate license?To activate your license, apply to your broker using the Sponsoring Broker Statement Application located in the candidate handbook. Make sure the sponsoring broker signs the application. How long do real estate agents need to keep files in Georgia?Copies of sales contracts, brokerage engagements, closing statements, leases, and other documents related to a real estate transaction required by law to be maintained in a broker’s file for three years shall be made available to authorized agents of the Commission upon reasonable request and at a reasonable cost to. When a licensee’s license has lapsed What is the period of time within which the licensee may request reinstatement and have to retake the pre license course?Reinstating the License One Year after the License Expired A license is eligible for reinstatement for up to one year after the expiration date of the license. After one year, a new application will have to be filed. How much does it cost to renew real estate license in GA?The fee for renewing all Georgia real estate licenses is $125. That said, you will get the aforementioned $25 discount if you renew online. Can a felon get a real estate license in Georgia?Georgia. If you have a single felony conviction or crime of moral turpitude conviction, you are ineligible to apply for a license until 2 years have passed since the completion of all terms and conditions of any sentence. How do I get a real estate license reciprocity in Georgia?How to Get Your Reciprocal Real Estate License in Georgia Submit proof of a current (not lapsed or expired) real estate license from another state. Pay the $170 fee by cashier’s check or money order (payable to the Georgia Real Estate Commission). How often do you have to renew your real estate license in Georgia?Georgia licensees renew their license every four years and can do so up to 120 days (4 months) prior to the actual renewal period end date. How long do you have to take real estate exam after course Georgia?Pass the Georgia Real Estate License Exam After completing all the Georgia course materials and passing the course final exam, students must take and pass the Georgia Real Estate Licensing Exam at a PSI Testing Center. Students must take the exam within six months of completing their coursework. How many hours of continuing education are required to renew a Georgia salesperson’s license?Real estate brokers and salespersons with an active license in Georgia are required to complete 36 hours of continuing education courses during each 4-year renewal period. How much does a realtor make in GA?Average Salary for Real Estate Agents in Georgia According to the Bureau of Labor Statistics data from May of 2020, the mean annual wage for a Georgia sales agent is a respectable $69,150. That works out to be $33.24 per hour for full-time agents. How many times can you retake the Georgia real estate exam?Here’s how many final exam attempts each state allows: Two attempts allowed: California, Florida, Georgia, Illinois, Nevada, New York, Oklahoma, Texas, South Carolina, and Washington. Three attempts allowed: Alabama, Arkansas, Iowa, Kansas, Michigan, Mississippi, Kentucky, Montana, Minnesota, Tennessee and Virginia. What state are real estate agents most successful in?The following are the 10 states where real estate agents earn, on average, the most money: New York: $111,800 (average real estate agent salary) Massachusetts: $84,180. Connecticut: $79,780. Alaska: $79,360. Colorado: $76,850. Utah: $75,170. California: $74,140. Texas: $72,830. How long do estate agents have to keep files?Your real estate record keeping requirements The Property Ombudsman (TPO) has published Codes of Practice which stipulate that, by law, estate agents must maintain clear and full written records of transactions for a period of six years. What is the passing score for Georgia real estate exam?What Score Do You Need to Pass the Georgia Real Estate Exam? To pass the salesperson exam, you need a score of at least 75% on both the national and state portions of the exam. The passing score for the broker exam is at least 70% on both the national and state portions of the exam. How many years must a Georgia broker retain sales contracts?Documents must be kept for three years after closing date. Must be available for inspection. Commission may audit the records. False advertising is a violation of license law; no ad may be misleading or misrepresent any property, sale terms, services, or policies. Which is true concerning a lapsed license?Which is true concerning a lapsed license? The license must be immediately surrendered to the Commission. Under which condition might the commission choose to extend a renewal without the licensee having to pay the required fees?Under which condition might the Commission choose to extend a renewal without the licensee having to pay the required fees? A licensee becomes disabled. Does a real estate agent have to work under a broker in Georgia?Georgia Real Estate License Requirements A Georgia real estate agent, for example, is authorized to handle real estate transactions but must work under a licensed broker. On the other hand, a broker is able to own their own company and to hire other agents to work for them. What may happen to Georgia licensees who haven’t paid back disbursements made on their behalf from the real estate Education Research and Recovery Fund?What may happen to Georgia licensees who haven’t paid back disbursements made on their behalf from the real estate education, research, and recovery fund? Their license will be suspended until they pay back disbursements and interest. How do you become a real estate broker in Georgia?To get your Georgia Broker License, you must complete the following: Be licensed as a Georgia Salesperson for at least 3 of the previous 5 years. Complete 60 hours of approved Georgia Broker Pre-Licensing education. Pass the course final exam. Pass the Georgia Real Estate Broker Examination. Submit your background check. When a salesperson goes to work for a broker The salesperson must enter?WHEN A SALESPERSON GOES TO WORK FOR A BROKER, THE SALESPERSON MUST ENTER INTO A WRITTEN CONTRACT THAT EXPLAINS THE TERMS OF THE EMPLOYMENT RELATIONSHIP. How do I reactivate my real estate license in Georgia?In order to reactivate an inactive license, submit the appropriate application, forms, and fee to the Board. If a license is inactive for twelve months or less, but no more than twenty-four months, the applicant must submit forty (40) hours of CE obtained since the Board’s last renewal period. Does a real estate transaction coordinator need a license in Georgia?Licensed Transaction Coordinator Background or knowledge of the real estate industry, transaction coordination, titles, and mortgages preferred. Hold current GA real estate license or willing to obtain a license. What makes a great real estate assistant?In addition to active listening, Real Estate Assistants must be well-organized, punctual, and professional. The most efficient Real Estate Assistants stay abreast of changes in real estate and property trends, are great at meeting the needs of clients, and have well-developed interpersonal skills and business acumen. Can I transfer my real estate license to Georgia?If you’re a real estate agent planning to move to Georgia, you’ve probably got one burning question: Can I bring my license with me? The answer is yes! Unless you’re coming from Florida, you can apply for a reciprocal Georgia license without taking the Georgia salesperson exam. How long can my NC real estate license be inactive?My license is currently on Inactive status. How long may I remain on Inactive status? As long as you pay your renewal fee on time every year, your license can remain on Inactive status indefinitely. How do I get a license history or certificate of licensure from the NC Real Estate Commission?. What is the fee to activate an inactive real estate license in NC?No education or exam required. NO. $90.00 reinstatement fee may be paid online at www.ncrec.gov ON OR BEFORE December 31st. To be active, “Full” Broker must correct all CE deficiencies and submit form REC 2.08. How do I make my Florida real estate license voluntary inactive?A licensee may change an active license to a voluntary inactive license by submitting the request to the Florida Department of Business and Professional Regulation. This is known as a voluntary inactive license. Which is not a violation for which the real estate Education Research and Recovery Fund may compensate claimants in Georgia?Which is NOT a violation for which the real estate education, research, and recovery fund may compensate claimants in Georgia? Failure to disclose a criminal conviction Licensees aren't required to disclose prior convictions to their clients or customers.
What is the maximum period a Georgia real estate licensee may remain inactive?Inactive licensee may not engage in real estate activities. Inactive licenses are held by RE Commission. Licensee may remain inactive indefinitely. If license was inactive for two years or more, additional continuing ed will be needed to reactivate.
What will cause a Georgia real estate license to lapse?Failure to complete a post-license course during the first year of being licensed will cause the license to lapse.
What amount can one claimant recover from the Education Research and Recovery Fund?If the application is granted, the applicant will be paid an amount for his or her actual and direct (out of pocket) loss in a transaction, up to a statutory maximum of $50,000 per transaction, with a possible total aggregate maximum of $250,000 per licensee.
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What may happen to Georgia licensees who havent paid back disbursements made on their behalf from the real estate Education Research and Recovery Fund?
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