Where this fits on the exam
| Official syllabus topic | State Laws and Rules: Qualifications and Fees; Substantive Regulations |
|---|---|
| Official PSI group | State Laws and Rules |
| Published group count | 16 of the 52 Georgia questions |
| Exam portion | Georgia salesperson supplement |
| Source edition | PSI Georgia Candidate Information Bulletin dated July 1, 2026 |
The Rule
PSI publishes 16, 21, and 15 items for the three Georgia groups. It does not publish a guaranteed subtopic count. The statute, current GREC rule, contract, or other cited primary authority controls each lesson.
The lesson
Renewal date
Individual licenses lapse on the last day of the birth month in the relevant fourth calendar year if renewal requirements are not met.
Active and inactive
Inactive licensees may not perform brokerage for others. Reactivation can require the CE that would have applied during inactive status or requalification.
Lapse windows
Within two years, two to five years, and more than five years lead to different reinstatement paths under Rule 520-1-.05.
Change notices
Specified final legal actions are reported within ten days, while mailing, residence, and maintained email address changes are reported within one month.
Decision rule
Georgia rule and national contrast
Worked Georgia example
Scenario. A salesperson's license has been lapsed for three years because renewal fees were not paid, and the person wants active status.
Reason it through. A lapse longer than two but less than five years falls in the prelicense-course reinstatement window, with the course taken within the required period plus applicable fees and process.
Answer. Paying the ordinary renewal fee alone is not enough; the Rule 520-1-.05 reinstatement path applies.
Common exam traps
- Treating lapse as inactive status
- Ignoring the reason for lapse
- Using the same remedy for every lapse length
- Mixing ten-day and one-month notices
Original practice questions with detailed explanations
These are original instructional questions mapped to the July 1, 2026 PSI outline. They are not copied from PSI or a live examination. Choose an answer before opening the explanation.
Question 1A salesperson born in October receives an original license in 2026. If it is not renewed, when does it lapse?
- A. On the fourth anniversary of the issue date
- B. On December 31, 2030
- C. On October 1, 2030
- D. On October 31, 2030
Show answer and explanation →
Answer: D. On October 31, 2030
An individual Georgia license renews on the last day of the licensee's birth month in the fourth calendar year after issuance, which here is October 31, 2030. The anniversary answer looks plausible because many licenses renew that way, but Georgia ties renewal to the birth month. October 1 has the right month but the wrong day.
- A. Incorrect. Georgia ties individual renewal to the birth month, not the anniversary of issuance.
- B. Incorrect. December 31 is not the renewal date for this October-born individual.
- C. Incorrect. The birth month is correct, but renewal runs through its last day.
- D. Correct. The fourth calendar year after 2026 is 2030, and the birth-month deadline is October 31.
Question 2A salesperson's license lapsed three years ago for failure to pay renewal fees. What does reinstatement require?
- A. Paying the ordinary renewal fee and resuming practice
- B. Requalifying as an original applicant, including the exam
- C. Completing the prelicense course and the reinstatement steps
- D. Completing 36 hours of CE and paying a late fee
Show answer and explanation →
Answer: C. Completing the prelicense course and the reinstatement steps
A lapse of more than two but less than five years falls in the reinstatement window that calls for the prelicense course within the required period, plus the applicable fees and process. Requalifying as an original applicant applies after a lapse of more than five years. The renewal-fee answer can mislead, but a lapsed license is not an ordinary renewal.
- A. Incorrect. A three-year lapse needs reinstatement, not payment of an ordinary on-time renewal fee alone.
- B. Incorrect. Original-applicant requalification applies after the longer lapse specified by the rule, not this three-year lapse.
- C. Correct. A lapse exceeding two but under five years requires the applicable prelicense course and reinstatement process.
- D. Incorrect. Ordinary CE and a late fee alone do not satisfy this longer-lapse reinstatement category.
Question 3A licensee moves to a new home and, separately, becomes subject to a final legal action of a kind GREC requires licensees to report. What are the deadlines?
- A. One month for both
- B. One month for the move; ten days for the legal action
- C. Ten days for the move; one month for the legal action
- D. Ten days for both
Show answer and explanation →
Answer: B. One month for the move; ten days for the legal action
Specified final legal actions must be reported within ten days, while changes to a mailing, residence, or email address are due within one month. The reversed answer looks plausible because both deadlines are short, but the more serious event carries the shorter deadline.
- A. Incorrect. The address-change period does not replace the shorter legal-action reporting deadline.
- B. Correct. The move is reported within one month; specified final legal actions are reported within ten days.
- C. Incorrect. This reverses the two reporting deadlines.
- D. Incorrect. Ten days applies to specified final legal actions, while the address rule allows one month.
Ready to move on?
You are ready for the next lesson when all of these are true.
- Calculate renewal from the birth month and the applicable four-year cycle.
- Distinguish inactive status from a lapsed license.
- Choose the correct reinstatement window and distinguish ten-day legal-action notices from one-month address notices.
- Answer the practice questions without looking back, then explain why the other choices fail.
- Explain the worked example in your own words and identify the fact that decides the answer.
- Retest this topic on another day in a mixed question set.
Recommended next lesson
Continue with Georgia Practice Boundaries and Unauthorized Practice of Law. The next lesson moves from keeping a license to using it within bounds: which forms a licensee may complete, why legal opinions and closings belong to a Georgia attorney, and when to refer a client to a lawyer.
Return to the State Laws and Rules hub for the complete official branch and the full lesson list for this Georgia group.