Which statement about brokerage agreements is false?

In the context of brokerage agreements in Georgia, the statement regarding commission allowing acceptance of net brokerage engagements is false. A net brokerage engagement refers to an agreement where the seller (or client) specifies a certain amount they wish to receive from the sale of their property, and the brokerage keeps the difference as commission. However, Georgia law establishes specific rules for how commissions can be structured, ensuring transparency and consumer protection. Accepting net engagements can potentially violate these principles, making it a misleading practice.

On the other hand, the other statements regarding exclusive brokerage agreements align with Georgia's licensing laws. For example, having a definite expiration date is crucial, as it defines the duration of the broker's authority to represent the client. Additionally, providing a true copy of the agreement to each signer ensures that all parties have a clear understanding of their obligations and rights, which is fundamental in real estate transactions. Furthermore, including the street address of the property in the engagement is necessary for clarity and to specify the parameters of the agreement, ensuring all parties are referenced to the exact property involved in the transaction. Each of these components is essential in maintaining compliance with legal standards in Georgia real estate practice.