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.

Choose a topic from your study plan

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

Add the error pattern from your review notes

Missing rule Georgia distinction Wording or distractor Math setup

10-question public previewNo sign-upExplanations and repair links

1 / 10Study mode: Property Ownership

A neighbor has openly farmed a strip of an absent owner's land for years without permission. Before the statutory period runs, the owner's BEST protection is to:

Filled circles are answered. A dot means marked for review. Choose a number to return and change an answer.

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

Read, reason, review

All 10 questions and explanations

Studying instead of taking a test? Open any question to read its choices, the answer, and the reason each option is right or wrong. The numbering matches the public set above.

For a useful score, finish the test above before opening these answers. These are original practice questions based on published topics and sources.

1. A neighbor has openly farmed a strip of an absent owner's land for years without permission. Before the statutory period runs, the owner's BEST protection is to:Property Ownership. Open choices and explanation.

A.Give the neighbor written permission to use the strip
B.Wait and raise the issue whenever the land is sold
C.Keep paying all of the property taxes on the strip
D.Post a sign on the strip without contacting the neighbor

Answer A: Give the neighbor written permission to use the strip

Adverse possession requires use that is hostile (without permission), open, and continuous for the full statutory period (in Georgia, 20 years, or 7 under color of title). Written permission makes the use permissive and stops the clock; a suit to eject would also interrupt it. A recorded deed and paid taxes do not stop a claim from ripening.

Why each choice works or fails

A. Correct. Written permission makes the use permissive, which defeats the hostility element and stops the clock.
B. Waiting lets the period keep running, and the claim may ripen before any sale.
C. Paying taxes does not interrupt the neighbor's open, hostile possession.
D. A sign alone does not grant permission or dispossess the neighbor, so the possession stays hostile and the clock keeps running.

Rule to remember: Adverse possession needs open, hostile, continuous use for the full period. Permission or a lawsuit stops it.

Read the topic outline Study the related lesson Back to question index

2. A property rises from $360,000 to $414,000. What is the percentage appreciation?Real Estate Calculations. Open choices and explanation.

A.13.0%
B.15.0%
C.87.0%
D.115.0%

Answer B: 15.0%

Find the dollar change, $414,000 - $360,000 = $54,000, then divide by the starting value: $54,000 / $360,000 = 15 percent. Dividing by the new value is the common slip.

Why each choice works or fails

A. Wrong. Divides the gain by the new value ($54,000 / $414,000).
B. Correct. $54,000 / $360,000 = 15%.
C. Wrong. 87% is old value over new, not the change.
D. Wrong. 115% is new over old, not the change.

Work it through

$414,000 - $360,000 = $54,000
$54,000 / $360,000 = 0.15 = 15%

Rule to remember: Percentage change uses the original value as the denominator.

Read the topic outline Study the related lesson Back to question index

3. A broker earns a $27,000 commission at a 6% rate. What was the sale price?Real Estate Calculations. Open choices and explanation.

A.$1,620
B.$28,620
C.$45,000
D.$450,000

Answer D: $450,000

The commission is the part and 6 percent is the rate, so divide part by rate for the whole: $27,000 / 0.06 = $450,000. Multiplying instead gives a number smaller than the commission, a quick sign of error.

Why each choice works or fails

A. Wrong. Multiplies the part by the rate.
B. Wrong. Adds 6% to the commission.
C. Wrong. Divides by 0.6, misplacing the decimal.
D. Correct. $27,000 / 0.06 = $450,000.

Work it through

Sale price = $27,000 / 0.06
Sale price = $450,000

Rule to remember: Whole equals part divided by rate.

Read the topic outline Study the related lesson Back to question index

4. Calendar-year property taxes of $3,600 are paid in arrears and have not been paid. Closing is March 31, and the seller owns the day of closing. Using a 360-day year, what credit does the buyer receive?Real Estate Calculations. Open choices and explanation.

A.$887.67
B.$890
C.$900
D.$2,700

Answer C: $900

Unpaid taxes in arrears mean the seller owes for the days owned, so the seller is debited and the buyer credited. On a 360-day year the daily rate is $10, and January 1 through March 31 is 90 days, so the credit is $900.

Why each choice works or fails

A. Wrong. $887.67 uses a 365-day year.
B. Wrong. $890 gives closing day to the buyer, counting 89 days.
C. Correct. 90 days at $10 a day is $900.
D. Wrong. $2,700 is the buyer's own nine months.

Work it through

$3,600 / 360 = $10 per day
Seller owns January 1 through March 31: 3 x 30 = 90 days
90 x $10 = $900 debit seller, credit buyer

Rule to remember: Taxes in arrears means the seller credits the buyer for time already owned.

Read the topic outline Study the related lesson Back to question index

5. A buyer purchases a home for $250,000, which is also its appraised value, with $50,000 down. What is the loan-to-value ratio?Financing. Open choices and explanation.

A.20%
B.25%
C.80%
D.125%

Answer C: 80%

First find the loan: $250,000 price minus $50,000 down is $200,000. Then divide loan by value: $200,000 / $250,000 = 80 percent.

Why each choice works or fails

A. 20% is the down payment divided by the price, the buyer's equity share.
B. 25% divides the down payment by the loan amount.
C. Correct. $200,000 / $250,000 = 80%.
D. 125% inverts the ratio, dividing value by loan.

Work it through

$250,000 - $50,000 = $200,000 loan
$200,000 / $250,000 = 0.80, so 80%

Rule to remember: LTV is the loan amount divided by the property value.

Read the topic outline Study the related lesson Back to question index

6. Monthly principal and interest is $1,680. Annual property tax is $4,200 and annual homeowners insurance is $1,500. What is PITI?Real Estate Calculations. Open choices and explanation.

A.$1,805
B.$2,030
C.$2,155
D.$7,380

Answer C: $2,155

Monthly tax is $350 and monthly insurance is $125. Add both to $1,680.

Why each choice works or fails

A. Wrong. Omits monthly taxes.
B. Wrong. Omits monthly insurance.
C. Correct. $1,680 + $350 + $125.
D. Wrong. Adds annual tax and insurance to monthly P and I.

Work it through

$4,200 / 12 = $350 tax
$1,500 / 12 = $125 insurance
$1,680 + $350 + $125 = $2,155

Rule to remember: Convert annual taxes and insurance to monthly before adding them to monthly P and I.

Read the topic outline Study the related lesson Back to question index

7. 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.

Read the source Study the related lesson Back to question index

8. Under Georgia's brokerage relationships law, a broker working with a customer owes that customer:Real Estate Practice in Georgia. Open choices and explanation.

A.Loyalty and obedience to lawful instructions
B.Truthful information and known adverse material facts
C.Confidentiality and promotion of the customer's interests
D.No duties, because there is no brokerage engagement

Answer B: Truthful information and known adverse material facts

A customer has no brokerage engagement with the broker, so the broker does not advocate for the customer. The broker still may not knowingly give false information and must disclose known adverse material facts about the property's physical condition. Confidentiality and promoting interests are owed to clients.

Why each choice works or fails

A. Misconception: common-law agency duties apply. Georgia's brokerage law replaces them, and customers are not owed advocacy.
B. Correct. A customer is owed honesty and disclosure of known adverse material facts about the property.
C. Misconception: customers get client duties. Confidentiality and promoting interests are owed only to clients.
D. Misconception: no engagement means no duties. The broker still may not give false information and must disclose known adverse facts.

Rule to remember: Customers get honesty and known adverse material facts. Clients also get confidentiality and advocacy.

Read the source Study the related lesson Back to question index

9. 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.

Read the source Study the related lesson Back to question index

10. A Georgia property transfers for $360,000 with a qualifying $288,000 secured note. Which pairing is correct before fractional adjustments?Finance and Closing. Open choices and explanation.

A.Both taxes use $360,000
B.Both taxes use $288,000
C.Transfer tax uses $360,000; intangible tax uses $288,000
D.Transfer tax uses $288,000; intangible tax uses $360,000

Answer C: Transfer tax uses $360,000; intangible tax uses $288,000

Transfer tax is charged on the deed, so its base is the consideration paid. Intangible recording tax is charged on recording the security deed, so its base is the face amount of the secured note. Match each tax to the document it rides on.

Why each choice works or fails

A. Wrong. Intangible tax does not use the price.
B. Wrong. Transfer tax does not use the loan.
C. Correct. Transfer on consideration; intangible on the note.
D. Wrong. Reverses the two bases.

Work it through

Transfer event identifies consideration: $360,000
Secured-note recording identifies note amount: $288,000

Rule to remember: Transfer tax rides on the deed and uses the price; intangible tax rides on the security deed and uses the note.

Read the source Study the related lesson Back to question index

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
Property Ownership	10% of the national portion	1	Study Property Ownership
Real Estate Calculations	7% of the national portion	4	Study Calculations
Financing	10% of the national portion	1	Study Financing
State Laws and Rules	16 of the 52 Georgia questions	2	Study State Laws and Rules
Real Estate Practice in Georgia	21 of the 52 Georgia questions	1	Study Real Estate Practice in Georgia
Finance and Closing	15 of the 52 Georgia questions	1	Study Finance and Closing

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.