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Real estate glossaryGeorgia-specific rule

Georgia Real Estate Commission (GREC)

The Georgia Real Estate Commission, or GREC, is the state regulatory body that administers Georgia real estate license law, adopts rules, approves education, issues licenses, investigates complaints, and imposes authorized discipline.

Exam area: State Laws and Rules

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What does “Georgia Real Estate Commission (GREC)” mean in real estate?

The Georgia Real Estate Commission, or GREC, is the state regulatory body that administers Georgia real estate license law, adopts rules, approves education, issues licenses, investigates complaints, and imposes authorized discipline.

How is “Georgia Real Estate Commission (GREC)” different from the closest wrong answer?

GREC regulates licensure. PSI administers the salesperson examination under contract and handles testing operations described in the candidate bulletin.

What is the Georgia-specific rule?

Questions may separate the Commission's legal authority from PSI's operational role. The regulator and the testing vendor are not interchangeable.

Worked exam example

Scenario

A candidate schedules and pays PSI for the examination, but the license is issued under GREC's statutory authority after the candidate satisfies the licensing requirements.

What is the most common exam trap?

Trap correction

Do not assign rulemaking, license discipline, or school approval to PSI.

Original exam check

Apply the definition

A candidate needs to reschedule the salesperson exam and also wants to report a licensee who mishandled earnest money. Where should each matter go?

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