Retake Recovery Practice Set Preview

Use the diagnostic categories on your PSI score report to choose the first weak portion, then narrow by official area. A retake set should repair the reason for each miss rather than replay the same mixed mock. Answer this 10-question public preview here, then continue the complete experience in Pass Georgia.

Facts checked against the current PSI Candidate Information Bulletin and GREC sources.

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Mixed recovery Contracts Agency Practice of Real Estate Property Ownership Financing Valuation Calculations Disclosures Transfer of Title Land Use Property Management State Laws and Rules Real Estate Practice in Georgia Finance and Closing

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1 / 10Study mode: State Laws and Rules

Before a claimant may recover from the Georgia Real Estate Education, Research and Recovery Fund, the claimant must generally first:

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34% of the real exam is Georgia law. 52 of 152 questions.

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All 10 questions and explanations

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1. Before a claimant may recover from the Georgia Real Estate Education, Research and Recovery Fund, the claimant must generally first:State Laws and Rules. Open choices and explanation.

A.Obtain an unsatisfied court judgment against the licensee
B.Exhaust the licensee's errors and omissions policy
C.Prove the licensee has been criminally convicted
D.File a complaint with the Commission and wait 30 days

Answer A: Obtain an unsatisfied court judgment against the licensee

The fund pays the unsatisfied portion of a court judgment obtained against a licensee for a violation in a real estate transaction, after the claimant has tried and failed to collect. A GREC complaint can lead to discipline, but discipline alone does not open the fund.

Why each choice works or fails

A. Correct. An unsatisfied court judgment against the licensee is the gateway to a fund claim.
B. Misconception: the fund acts as excess insurance. Recovery is keyed to an unsatisfied judgment, not to private coverage.
C. Misconception: the fund pays only for crimes. A civil judgment for a violation is enough; no conviction is needed.
D. Misconception: a GREC complaint opens the fund. A complaint can lead to discipline, not compensation.

Rule to remember: The Recovery Fund pays only on an unsatisfied court judgment against a licensee, after collection efforts fail.

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2. How many hours of prelicense education does Georgia require for a salesperson license?State Laws and Rules. Open choices and explanation.

A.25 hours
B.36 hours
C.60 hours
D.75 hours

Answer D: 75 hours

Georgia requires a 75-hour salesperson prelicense course at a school approved by the Georgia Real Estate Commission. Keep the other numbers straight: 25 hours of post-license in year one, 36 hours of CE per renewal, and 60 hours for the broker course.

Why each choice works or fails

A. Misconception: 25 hours is the post-license course due in the first year, not prelicense.
B. Misconception: 36 hours is the continuing education required each renewal period.
C. Misconception: 60 hours is the broker prelicense course, not the salesperson course.
D. Correct. The Georgia salesperson prelicense course is 75 hours.

Rule to remember: Georgia salesperson prelicense education is 75 hours at a GREC-approved school.

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3. The Georgia Real Estate Education, Research and Recovery Fund primarily exists to:State Laws and Rules. Open choices and explanation.

A.Pay the Commission's day-to-day operating costs
B.Insure brokers against errors and omissions claims
C.Pay the fines the Commission imposes on licensees
D.Compensate consumers harmed by licensee violations

Answer D: Compensate consumers harmed by licensee violations

The fund reimburses members of the public who win a court judgment against a licensee for a violation and cannot collect it. It is not insurance for the licensee: payment from the fund leads to revocation of the license, and the licensee must repay the fund.

Why each choice works or fails

A. Misconception: fund money runs the agency. Operating costs are not the fund's purpose.
B. Misconception: the fund is licensee insurance. A payout leads to revocation and the licensee must repay the fund.
C. Misconception: the fund covers discipline. Fines are the licensee's own obligation.
D. Correct. The fund protects the public when a judgment against a licensee cannot be collected.

Rule to remember: The Recovery Fund protects the public, not the licensee.

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4. The GCIC criminal history report an applicant submits with a Georgia license application must be issued no more than:State Laws and Rules. Open choices and explanation.

A.30 days before application
B.90 days before application
C.60 days before application
D.180 days before application

Answer C: 60 days before application

The applicant must obtain a certified criminal history report from the Georgia Crime Information Center no more than 60 days before applying for the license. A report ordered too early must be replaced.

Why each choice works or fails

A. Misconception: guessing the strictest window. The rule allows a report up to 60 days old.
B. Misconception: 90 days is a common validity window for other documents, but the GCIC report expires at 60.
C. Correct. The GCIC report may be no more than 60 days old when the applicant applies.
D. Misconception: a six-month-old report is stale. It must be reordered once it passes 60 days.

Rule to remember: The GCIC criminal history report must be issued no more than 60 days before the license application.

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5. A Georgia salesperson wants to leave the sponsoring broker and stop practicing for a while but keep the license. The salesperson may:State Laws and Rules. Open choices and explanation.

A.Place the license on inactive status
B.Keep the license active without a broker
C.Hold the license in escrow with GREC
D.Practice on their own as a salesperson

Answer A: Place the license on inactive status

An inactive salesperson keeps the license but may not perform brokerage activity for others. The license must be activated under a sponsoring broker before that work resumes.

Why each choice works or fails

A. Correct. Inactive status keeps the person licensed without a sponsoring broker.
B. Misconception: paying fees keeps a license active. An active salesperson license requires a sponsoring broker.
C. Misconception: borrowing another state's term. Georgia has no license escrow; inactive status serves that purpose.
D. Misconception: a salesperson can work independently. A salesperson may practice only through a broker.

Rule to remember: No sponsoring broker means an inactive license, not no license.

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6. Maria is the qualifying broker for a Georgia firm with 20 affiliated licensees. Under Georgia license law, Maria's core responsibility is to:State Laws and Rules. Open choices and explanation.

A.Guarantee the commissions owed to affiliated licensees
B.Supervise the affiliated licensees and their activities
C.Hold the firm's trust funds in an account in her own name
D.Personally handle every transaction the firm lists or sells

Answer B: Supervise the affiliated licensees and their activities

The qualifying broker's license qualifies the firm, and that broker is responsible for supervising its affiliated licensees and managing its trust accounts. Affiliated licensees handle their own transactions under that supervision, and trust money stays in firm trust accounts.

Why each choice works or fails

A. Misconception: the broker is a guarantor of splits. Compensation is set by written agreement and depends on the deal closing.
B. Correct. The qualifying broker answers for supervising the firm's affiliated licensees.
C. Misconception: trust money belongs to the broker. Trust funds go in a designated firm trust account, never a personal one.
D. Misconception: supervision means doing every deal. Affiliated licensees handle transactions under the broker's supervision.

Rule to remember: The qualifying broker qualifies the firm's license and is responsible for supervising its affiliated licensees.

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7. A Georgia sales brokerage hires an unlicensed assistant. Which task may the assistant perform?State Laws and Rules. Open choices and explanation.

A.Negotiate contract terms with a cooperating agent
B.Explain the terms of a listing agreement to a seller
C.Schedule appointments and prepare marketing materials
D.Show listed homes to buyers and answer their questions

Answer C: Schedule appointments and prepare marketing materials

Unlicensed support staff may perform only ministerial tasks that call for no discretion or independent judgment, such as scheduling and preparing marketing materials. Negotiating, explaining agreement terms, and showing property to buyers are brokerage activities that require a license.

Why each choice works or fails

A. Misconception: relaying terms is clerical. Negotiating is brokerage activity that requires a license.
B. Misconception: explaining a signed form is paperwork. Interpreting an agreement calls for the judgment a license represents.
C. Correct. Scheduling and preparing marketing materials are ministerial support tasks.
D. Misconception: showing is just opening doors. Showing homes to buyers and answering their questions is licensed sales activity.

Rule to remember: Unlicensed assistants may do only ministerial, no-judgment tasks. Showing, negotiating, and explaining terms need a license.

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8. A new Georgia salesperson received an original license this month. Which education requirement comes due first?State Laws and Rules. Open choices and explanation.

A.A 25-hour post-license course within one year of licensure
B.A 25-hour post-license course before the first license renewal
C.36 hours of continuing education within one year of licensure
D.A 3-hour license law course within one year of licensure

Answer A: A 25-hour post-license course within one year of licensure

A new salesperson must finish a Commission-approved post-license course of at least 25 hours within one year of the original license. That is its own deadline. The 36 CE hours, including 3 hours of license law, are due by the end of each renewal period; the post-license course does not replace them, though GREC Rule 520-2-.04(13)(a) lets it count as 9 of those hours for the first renewal.

Why each choice works or fails

A. Correct. The 25-hour post-license course is due within one year of the original license.
B. Misconception: tying post-license to renewal. The course has its own one-year deadline, well before the first renewal.
C. Misconception: mixing up the hour counts. 36 hours is the continuing education total for each renewal period, not the first-year course.
D. Misconception: treating license law CE as the first obligation. The 3 license law hours are part of the 36 CE hours due by renewal.

Rule to remember: Georgia salespersons: 25-hour post-license course within year one; 36 CE hours each renewal period.

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9. Without any written agreement from the parties, a Georgia broker deposits earnest money into an interest-bearing trust account and keeps the interest it earns. This is:State Laws and Rules. Open choices and explanation.

A.Permitted, because the full deposit stays in the account
B.Permitted, if the broker discloses the interest at closing
C.A violation, because the parties never agreed in writing
D.A violation only if the interest exceeds $100 a year

Answer C: A violation, because the parties never agreed in writing

Before placing trust funds in an interest-bearing account, the broker must obtain the parties' written agreement stating who will receive the interest. Keeping the interest without that agreement is an unfair practice and appears on GREC's citation schedule. An intact principal does not cure it, because the interest was never the broker's to keep.

Why each choice works or fails

A. Misconception: only the principal matters. An intact deposit does not make the interest the broker's to keep.
B. Misconception: after-the-fact disclosure cures it. The written agreement on interest must come before the deposit.
C. Correct. The parties must agree in writing who receives the interest before the broker deposits into an interest-bearing account.
D. Misconception: small amounts are excused. No dollar threshold excuses keeping interest without a written agreement.

Rule to remember: Interest-bearing trust account: get the parties' written agreement on who gets the interest before depositing.

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10. All of the following are within the Georgia Real Estate Commission's authority EXCEPT:State Laws and Rules. Open choices and explanation.

A.Investigating complaints against licensees
B.Suspending or revoking a license
C.Setting the commission rate licensees may charge
D.Approving prelicense schools and courses

Answer C: Setting the commission rate licensees may charge

GREC licenses and disciplines licensees, investigates complaints, and approves schools and courses. No Georgia law lets it set commissions. Commission rates are negotiated between each broker and client, and agreements among competitors to fix them violate antitrust law.

Why each choice works or fails

A. GREC investigates complaints against licensees.
B. GREC may suspend or revoke licenses after due process.
C. Correct. Commissions are negotiable; GREC does not set them.
D. GREC approves prelicense schools, instructors, and courses.

Rule to remember: GREC regulates licensees and schools. It never sets commission rates, which are negotiable.

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What does this assessment cover?

PSI says a failing score report includes diagnostic strengths and weaknesses by examination type. Translate that evidence into the closest published area, then gather a larger fresh sample before the next attempt.

Question coverage in this assessment
Official content area	Published weight	Questions here	Complete lesson
State Laws and Rules	16 of the 52 Georgia questions	10	Study State Laws and Rules

The Georgia-specific distinction

Keep the national and Georgia subtotals separate. If Georgia is weak, split the work again into Laws and Rules, Georgia Practice, and Finance and Closing rather than reading one general state summary.

Worked result example

If the report points to Georgia and review notes show national-instinct errors, build a Georgia-only set, read the Georgia distinction after each item, and follow with a fresh 52-question simulation.

Common exam traps

Retaking a full practice exam before repairing anything.
Studying only the lowest raw score without considering sample size.
Memorizing questions from the failed attempt.
Booking again because the average improved while one group stayed weak.

Ready to move on?

Score the set before opening notes.
Explain the winning rule without repeating the answer choice.
Classify every miss as knowledge, distinction, wording, math setup, or timing.
Repair the weakest official area, then answer a fresh set on another day.
Move on only when the result is stable and guesses are being marked as gaps.

Recommended next lesson

Use the complete retake recovery plan. Use the result above to choose the first lesson or drill rather than following a generic order.

Assessment integrity

The questions are original and mapped to the current PSI outline. This preview introduces the assessment; the complete version is in Pass Georgia. PSI says practice exams help candidates become familiar with general question types, but they do not replace education and a good practice score does not guarantee an examination outcome. This page reports evidence, not a pass probability.

About this practice set

Facts checked against the current PSI Candidate Information Bulletin and GREC sources.

Are these actual PSI exam questions?

No. Every item is original, written from the current published outline and primary sources. No question is copied, recalled, reconstructed, or represented as a live PSI item.

Does this score predict whether I will pass?

No. One practice result is evidence about this question sample. Use the area breakdown, review guesses as well as misses, and confirm improvement with fresh questions on another day.

What should I do after the result?

Open the explanation for every miss and guess, restate the rule, use the linked repair lesson, then continue with the next lesson: Use the complete retake recovery plan.

Is the assessment free?

Yes. This 10-question preview has no email gate, account requirement, or card. The complete assessment, saved mastery, spaced review, and adaptive recommendations are in Pass Georgia.