Which statement is correct regarding the application for transfer to another brokerage?

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 correct statement is that the licensee's broker or an associate broker may sign the application with authorization. This reflects the process established by the Georgia Real Estate Commission regarding the transfer of a real estate license from one brokerage to another.

In this process, it is important that an appropriately designated individual, typically the broker or an associate broker, provides the necessary authorization on behalf of the brokerage. This delegation helps maintain proper communication and records between the former and new brokerages, ensuring that all legal and procedural steps are followed correctly.

In this context, the correct choice emphasizes the importance of having a broker or authorized associate broker's involvement in the signature process, promoting accountability and compliance with the regulations governing real estate licensure in Georgia.

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