Georgia Real Estate License Laws and Rules Practice Exam

Question: 1 / 400

The maximum fine the Georgia Real Estate Commission can impose for a single violation is:

$100.

$500.

$1,000.

The maximum fine that the Georgia Real Estate Commission can impose for a single violation is indeed $1,000. This figure reflects the regulatory framework in Georgia, where the Commission has the authority to discipline licensees who violate real estate laws or rules that govern their practice. Such fines are intended to serve as deterrents against misconduct and maintain the integrity of the real estate profession.

Fines of this nature may apply to various infractions, including unethical behavior, failure to adhere to licensing requirements, or violations of specific statutes governing real estate transactions. The structure of the penalties, including the maximum fine, is established to provide a clear understanding of the consequences of violations and to help ensure that licensees conduct their business in compliance with established laws.

Understanding this maximum penalty is crucial for real estate professionals, as it emphasizes the importance of operating within the legal parameters set forth by the state. Being aware of these potential fines encourages vigilance and adherence to ethical practices within the industry.

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$5,000.

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