What is the fee charged to a licensee for failing to notify the Commission about a change of address within a specified time frame?

Prepare for the Georgia Real Estate License Test. Use flashcards and multiple choice questions to enhance your understanding of the laws and rules. Get exam-ready with detailed explanations and hints!

The fee charged to a licensee for failing to notify the Commission about a change of address within the required time frame is set at $25.00. This illustrates the importance the Georgia Real Estate Commission places on maintaining up-to-date records for licensees. It ensures that communication between the Commission and licensees is clear and timely, which is crucial for regulatory processes and the integrity of the real estate profession.

When licensees fail to report changes in their contact information, it can hinder the Commission's ability to reach them for important notifications, renewals, or disciplinary actions. The specific fee serves as a deterrent to neglecting this responsibility, encouraging licensees to keep their information current to avoid penalties. Understanding this fee reinforces the idea that maintaining compliance with licensing laws and regulations is a core aspect of being a professional in the real estate field.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy