Skip to content
Pass Georgia

Georgia-specific term

Due diligence period

A negotiated window in a Georgia purchase agreement during which the buyer may terminate the contract for any reason.

How the exam uses due diligence period

It gives the buyer a right to leave, not a right to compel repairs. Options offering a repair obligation are wrong.

This is one of the terms Georgia handles differently from most states. If you prepared with a national question bank, check what it taught you here, because that is exactly where the state supplement takes marks back. The full list of Georgia differences.

What a question on this looks like

Under BRRETA, a customer is owed:

Answer: Honesty and disclosure of material facts A customer has no brokerage engagement, so they receive honesty and material-fact disclosure. Loyalty, confidentiality and obedience belong to clients.

Drill this in context at practice by topic, or browse the full glossary.