Key Takeaways
- The Georgia Real Estate Commission (GREC) regulates real estate licensees under Title 43, Chapter 40 of the Georgia Code
- GREC is part of the Secretary of State office and consists of 6 members: 5 licensed brokers and 1 consumer member
- GREC has authority to issue, suspend, and revoke licenses, investigate complaints, and impose fines up to $1,000 per violation
- Georgia requires 75 hours of pre-license education from a GREC-approved school
- The salesperson exam has 152 questions (100 national + 52 state) with 4 hours time limit and 75% passing score on each section
Georgia Real Estate Commission (GREC)
Important: This content covers Georgia-specific real estate laws and regulations. You should complete the National Real Estate Exam Prep first, as the Georgia exam includes 100 national questions in addition to 52 state-specific questions.
The Georgia Real Estate Commission (GREC) is the state agency responsible for licensing and regulating real estate professionals in Georgia. GREC operates under the Georgia Real Estate Appraisers Board within the office of the Secretary of State.
GREC Structure
The Commission consists of 6 members appointed by the Governor:
| Member Type | Number | Qualifications |
|---|---|---|
| Licensed Brokers | 5 | Active Georgia broker license for at least 5 years |
| Consumer Member | 1 | Not licensed in real estate |
Members serve 5-year staggered terms and receive compensation for their services.
GREC Authority and Functions
The Georgia Real Estate Commission has broad regulatory authority:
- Licensing - Issue, renew, suspend, and revoke real estate licenses
- Education - Approve pre-license and continuing education schools and courses
- Enforcement - Investigate complaints and take disciplinary action
- Rulemaking - Adopt rules and regulations for the real estate industry
- Recovery Fund - Administer the Real Estate Education, Research, and Recovery Fund
Georgia Real Estate Law
Georgia real estate law is found in:
- O.C.G.A. § 43-40 - Georgia Real Estate License Law (Title 43, Chapter 40)
- GREC Rules - Chapter 520 of the Georgia Rules and Regulations
Key provisions include licensing requirements, prohibited conduct, trust fund handling, and disclosure requirements.
Exam Tip: GREC can issue citations with fines up to $1,000 per violation and $5,000 maximum for multiple violations in one citation. More serious violations require formal hearings.
GREC Contact Information
Address: 229 Peachtree Street NE, Suite 1000, Atlanta, GA 30303 Phone: (404) 656-3916 Website: grec.state.ga.us Email: grecmail@grec.state.ga.us
How many members serve on the Georgia Real Estate Commission?
What is the maximum fine GREC can impose per violation through a citation?