GA Real Estate Laws

CAI-Georgia is a licensed school through the Georgia Real Estate Commission also known as GREC. We offer increments of 3 hours of continuing education for our managers to maintain their real estate licensed. Managers are required to complete the entire class/course in order to receive credit. No partial credit is given. All individuals that hold a real estate license are required to complete 36 hours of continuing education during each four year renewal period, including three hours of licensed law. f your license number is less than 100,000 you are not required to complete continuing education for renewal.

ABOUT GREC: The Georgia Real Estate Commission administers the license law that regulates brokers, salespersons, and community association managers. In addition, the Real Estate Commission supplies staff support to the Georgia Real Estate Appraisers Board, but has no authority over the administration of the Georgia Appraisal Act.

As a regulatory body, the role of the Commission is not to protect the industry or the profession that it regulates nor to protect consumers. It is not the role of regulators to be advocates for either a profession or consumers. Instead, the role of the regulators is to protect the public interest.

Protecting the public interest means assuring every individual’s right to justice and equal opportunity. Regulators protect the public interest when they deny the right to practice to the incompetent and unscrupulous. Regulators protect the public interest when they eliminate barriers that unreasonably limit entry into a field of practice. Regulators protect the public interest when they refuse to use licensing or registration laws to settle private disputes. Regulators protect the public interest when they refuse to use licensing or registration laws to advance the interest of private trade associations. Regulators protect the public interest when they encourage free and open markets. Therefore, the public interest demands that regulators use their best efforts to achieve impartiality.

To enforce these laws fairly and impartially, the members of the Real Estate Commission and its staff must:

• understand the attitudes and actions of both consumers and licensees in brokerage transactions and in their relationship with the Commission while relying on their experience as consumers and licensees to provide background for this understanding and to render fair and impartial treatment;
• make judgments and reach conclusions only after careful review of all relevant facts and opinions regarding allegations of wrongdoing and recommend modifications to the existing laws or new laws or regulations;
• supervise and administer the regulatory and disciplinary powers of the license law to provide that licensees and the public receive due process rights;
• generate rules and regulations that are reasonable, within the limits of the legislative law, and economically feasible to administer and enforce;
• communicate with licensees and the public to assure the appropriate dissemination of the laws and to obtain opinions and concerns regarding the nature and content of the laws;
• develop policies and procedures that are administratively feasible and not unduly burdensome to the public and licensees;
• respect and consider all opinions and views concerning the nature of the laws and their administration;
• express opinions on matters of conscience and policy in appropriate forums;
• and cooperate with their colleagues in the real estate community to improve the level of professionalism and knowledge concerning the nature and transaction of real property.

QUICKLINKS:

Georgia Real Estate Commission Website

Obtaining a Community Association Manager License

Obtaining a Broker License

Georgia Appraisal Act

License Law, Rules & Regulations

Georgia Nonprofit Corporate Code

Georgia State Licensing Exam