No broker’s license shall be granted to a firm unless:
Violations of this chapter or its rules and regulations by a firm licensed as a broker shall subject the license of the qualifying broker to sanction as authorized by this chapter. No broker’s license shall be granted to a firm unless every person who acts as a licensee for such firm shall hold a real estate license.
History. Code 1933, § 84-1414, enacted by Ga. L. 1973, p. 100, § 1; Ga. L. 1974, p. 382, § 1; Ga. L. 1980, p. 1398, § 5; Ga. L. 1982, p. 1001, §§ 6, 11; Ga. L. 1984, p. 22, § 43; Ga. L. 1985, p. 360, § 6; Ga. L. 1987, p. 252, § 3; Ga. L. 1988, p. 13, § 43; Ga. L. 1993, p. 123, § 52; Ga. L. 1995, p. 1216, § 4; Ga. L. 1996, p. 6, § 43; Ga. L. 2000, p. 1527, § 14; Ga. L. 2003, p. 370, § 9; Ga. L. 2004, p. 631, § 43; Ga. L. 2006, p. 792, § 7/SB 547.
Law reviews.
For article, “Real Estate Syndications As Securities in Georgia — A Review and Comments on the Recent Opinion of the Attorney General,” see 11 Georgia St. B. J. 80 (1974).
For article, “A Response: Real Estate Syndications as Securities in Georgia,” see 11 Georgia St. B. J. 153 (1975).
Structure Georgia Code
Title 43 - Professions and Businesses
Chapter 40 - Real Estate Brokers and Salespersons
§ 43-40-3. Determination of Fees by Commission
§ 43-40-3.1. Rules and Regulations
§ 43-40-5. Status of License of Commissioner and Commission Employees
§ 43-40-7. Application for Licenses; Confidentiality
§ 43-40-10. Requirements for Firm to Be Granted Broker’s License
§ 43-40-13. Disposition of Fees Collected Under Chapter
§ 43-40-16. Refusal to Issue Licenses; Hearings; Judicial Review
§ 43-40-18. Management of Firm and Licensed Affiliates; Compliance With Local Ordinances
§ 43-40-20. Trust or Escrow Checking Account for Real Estate Business; When Entitled to Commission
§ 43-40-23. Applicability of County or Municipal License, Occupational, or Professional Taxes
§ 43-40-24. Requisites for Maintenance of Action Under Chapter
§ 43-40-25. Violations by Licensees, Schools, and Instructors; Sanctions; Unfair Trade Practices
§ 43-40-25.1. Completion of Certain Forms Not Practice of Law; Contents of Certain Forms
§ 43-40-25.2. Alternative Disciplinary Procedures; Citations
§ 43-40-26. Hearings Before Commission; Judicial Review
§ 43-40-28. Injunctive Actions
§ 43-40-29. Exceptions to Operation of Chapter
§ 43-40-30.1. Employer-Employee or Broker-Independent Contractor Relationships Between Licensees