PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM GLOSSARY
Agency is a legal relationship in which an agent is authorized to act for a principal and owes duties arising from the relationship, the agreement, and applicable law.
Agency
Agency foundations
Define, distinguish, apply, retrieve
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PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDEBuild the complete exam definition
Learn the rule, separate it from the nearest distractor, then apply it to a Georgia fact pattern.
What does Agency mean?
Agency is a legal relationship in which an agent is authorized to act for a principal and owes duties arising from the relationship, the agreement, and applicable law.
How do you separate the nearest exam answer?
Agency involves representation and authority. A transaction broker may perform ministerial acts without representing the customer as an agent.
What changes or stays the same in Georgia?
BRRETA governs brokerage relationships in Georgia and centers the written brokerage engagement. Common-law vocabulary helps, but Georgia statutory duties and labels control exam scenarios.
A seller signs a listing engagement authorizing a broker to market the property and negotiate within the authority granted.
Do not assume every licensee in a transaction is every party's agent.
PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDERetrieve the rule under exam conditions
Answer before reading the explanation. Then explain why every distractor belongs to a different term.
A seller has signed a listing engagement with Broker A. Broker B, from another firm, shows the home to a buyer who has signed no brokerage engagement with anyone. Under Georgia's BRRETA framework, how is the buyer best described in relation to Broker B?
- A
A client of Broker A, since the listing is Broker A's
- B
A customer of Broker B, not a client
- C
A client of Broker B, since showings create agency
- D
A principal of both brokers in a dual agency
Agency exists when a principal authorizes an agent to act on the principal's behalf, and in Georgia, BRRETA ties client status to a brokerage engagement. Showing property does not by itself make the buyer a client. Without an engagement, the buyer is a customer, owed honesty and required disclosures but not advocacy.
Mark each box only when you can perform the skill without looking.
I can define the term in one precise sentence.
I can separate it from the closest look-alike.
I can explain the Georgia rule or confirm that the national rule applies.
I can answer the practice check and explain every option.
PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDEConnect the term to the wider exam
Use these relationships to move from isolated recall to a connected exam model.
Agency complete lesson
https://www.passgeorgiarealestate.com/study-guide/agency/creation-and-types
Official exam administration and content-outline source.
https://test-takers.psiexams.com/api/content/bulletin/4672GREC's official law portal links to Title 10, Chapter 6A, the Georgia agency statute.
https://grec.state.ga.us/information-research/license-law/