GGRREECC RREENNeewwss June 2022 
Volume 18 Issue 6 
 
Monthly Newsletter of the Georgia Real 
Estate Commission 
 
# 1 
2022 Calendar 
Georgia Instructor Training Workshop (GIT)  October 17-18, 2022 
Atlanta, GA For more Info, visit greea.org 
Link to Proposed Rule 
Changes 
To sign up to receive the GREC 
RENewsletter Click Here 
 
This Issue 
 
Info Base Resource 
 
P. 1-2 
 
GREC Job Opening 
 
P. 1 
 
Resource Link 
 
Disciplinary Stats 
 
P. 1 
 
AMK  Training 
 
P. 2 
 
Focus on Terminology 
 
P. 2 
 
Georgia Real Estate Infobase 
 
Resource for Real Estate Licensees 
 
Required pre-license education courses for real estate applicants began in 1972. The Georgia Real Estate Commission authorized publication of study guides, and the first reference book, the Georgia Real Estate Manual, was written in 1973. In 2009, the Commission authorized the development of the Georgia Real Estate Infobase designed to be a reference manual for Georgia Real estate Licensees. 
"The purpose of this InfoBase is to acquaint real estate practitioners and the public with some of the laws and regulations concerning real property in Georgia." It is not a substitute for legal advice, but it does provide explanations and answers many questions of real estate practitioners. 
This resource tool is available to all Licensees, Instructors, and the public. The Infobase can be accessed directly from the GREC website under the Information & Research tab. 
Brokers must provide regular training for affiliated Licensees, and the InfoBase is excellent material for training licensees, support staff, and is invaluable to real estate schools offering education services. 
continued on page 2... 
 
Job Opportunity at the Georgia Real Estate Commission as Investigator 
https://grec.state.ga.us/wpcontent/uploads/pdfs/About/HireREInvestigator%20%20April%202022.pdf 
 
Link to GREC Disciplinary Actions 
View Current Suspensions and 
Revocations 
 
Click Here 
 
Click here to review a legend of the disciplinary actions the Commission may impose. 
Page 1 
 
 SUBMIT 
Comments & 
Suggestions 
H 
Online Courses from GREC 
$10 each 3 Hour CE 
Course 
Total of 9 Hours CNE Available (Approved as License Law 
CE and approved as Instructor CE) 
"Avoiding Trust 
Account Trouble" 
"Practicing Real Estate & Staying 
Out of Trouble" 
"Being a Broker and Staying Out of Trouble" 
Click Here 
Georgia Real Estate Commission Suite 1000 International Tower 229 Peachtree Street NE Atlanta, GA 30303-1605 Phone 404-656-3916 
 
Infobase... 
 
...continued from page 1 
 
GREC RENews May 2022, Volume 18 Issue 5 
 
The Infobase references the Official Code of Georgia Annotated, the Georgia Real Estate License Law, and the Rules and Regulations of the Georgia Real Estate Commission. This comprehensive resource is broken down into the following 13 sections and includes a glossary and links to further resources. Have a question? Visit the FAQ. 
1. Questions Licensees Frequently Ask the Commission 2. License Law and Regulation 3. Agency and Brokerage Practice 4. Real Property Law 5. The Real Estate Sales Contract 6. The Listing Agreement (Brokerage Engagement) 7. Legal Descriptions 8. The Lease 9. Pricing Real Property 10. Real Estate Finance 11. Closing the Transaction 12. Property Management 13. Community Association Management. 
 
bsolutely ust now 
Rule 520-1-.07. Management Responsibilities of Real Estate Firms (2) Responsibilities of Brokers or Qualifying Brokers. (b) Every Broker or Qualifying Broker shall be responsible to instruct Licensees affiliated with the broker or the Broker's Firm of the provisions set forth in the License Law and its Rules and Regulations. 
 
Focus on Terminology: Ratify 
The term "ratify" means to approve. This is an important term for a supervising Broker to understand. If a Broker is aware that an affiliated Licensee has violated a License Law and does not both report it to GREC and attempt to rectify the violation, the Broker has ratified the violation. In that case, the Broker has committed a violation as well as the Licensee. Brokers are required to provide training to affiliated Licensees of the Firm, and if the Broker is able to demonstrate regular training and consistent supervision, the Broker can offer proof that the Broker should not be held responsible for the Licensee's violation. 
520-1-.07 (2) Responsibilities of Brokers or Qualifying Brokers. 
(a) A real estate Broker or Qualifying Broker shall be held responsible for any Licensee whose license is affiliated with the Broker or the Broker's Firm who violates any of the provisions of O.C.G.A. Chapter 43-40 and its attendant Rules and Regulations. 
Page 2