What is the exam-ready answer?
| Roadmap lesson | 136 of 500 |
|---|---|
| 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 |
| Law checked through | August 2, 2026 |
| Last verified | August 2, 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.
Complete lesson
Read these concepts as one Georgia decision system. A plausible national rule can still be the wrong answer when the stem supplies a Georgia statute, instrument, role, or procedure.
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 1Which statement best states the Georgia rule for Maintaining, Renewing, Reinstating, and Changing a Georgia License?
- A. Calculate status from the license record first, then apply the rule for renewal, reactivation, reinstatement, transfer, or required notice.
- B. A lapsed license authorizes brokerage while reinstatement is pending.
- C. Every lapsed license can be restored by paying one renewal fee.
- D. All reportable changes have the same deadline.
Show answer and explanation →
Answer: A. Calculate status from the license record first, then apply the rule for renewal, reactivation, reinstatement, transfer, or required notice.
The correct choice states the controlling rule. The other choices either remove a required element, replace Georgia authority with a generic assumption, or expand an exception beyond the cited source.
Question 2A salesperson's license has been lapsed for three years because renewal fees were not paid, and the person wants active status.
- A. Ignore the Georgia-specific fact because good intentions control.
- B. Paying the ordinary renewal fee alone is not enough; the Rule 520-1-.05 reinstatement path applies.
- C. Apply the nearest national rule without checking Georgia authority.
- D. Let the participant with the strongest preference decide without following the required process.
Show answer and explanation →
Answer: B. Paying the ordinary renewal fee alone is not enough; the Rule 520-1-.05 reinstatement path applies.
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. The correct option follows that reasoning. The distractors ignore the controlling Georgia source, substitute intent for procedure, or give decision-making authority to the wrong person.
Question 3When solving Maintaining, Renewing, Reinstating, and Changing a Georgia License, what should a candidate identify first?
- A. The answer choice that sounds most ethical, without classifying the actor or document.
- B. One familiar deadline, applied to every Georgia transaction regardless of the source.
- C. Identify the exact status, lapse reason, elapsed time, education history, affiliation, and event date before selecting the remedy.
- D. A national default, even when the stem identifies a Georgia statute or GREC rule.
Show answer and explanation →
Answer: C. Identify the exact status, lapse reason, elapsed time, education history, affiliation, and event date before selecting the remedy.
The decision rule identifies the facts that control this topic. The other choices reward tone, a memorized number, or a national default while skipping the Georgia actor, document, authority, or procedure.
Mastery tracking
Mark this Georgia lesson mastered only when every statement is true.
- State the direct answer and decision rule without notes.
- Explain all four concepts and identify the controlling Georgia source.
- Solve the worked example after changing one important fact.
- Reject every listed trap and explain what makes it tempting.
- Answer all three original questions correctly and explain every distractor.
- Repeat this topic in mixed Georgia practice on a later day.
Recommended next lesson
Continue with Georgia Practice Boundaries and Unauthorized Practice of Law. Continue through the roadmap from lesson 136.
Return to the State Laws and Rules hub for the complete official branch and every canonical lesson in this Georgia group.