A licensee must notify GREC of a conviction of a crime within what timeframe?

A licensee is required to notify the Georgia Real Estate Commission (GREC) of a conviction of a crime immediately upon the conviction. This rule serves to ensure that the GREC is kept informed of any legal issues that could affect the licensee's fitness for conducting real estate business. Immediate notification is crucial because it demonstrates the licensee's honesty and integrity, values that are fundamental to maintaining public trust within the real estate profession.

Timely reporting is essential in regulating the real estate industry, as convictions can impact a licensee's ability to practice. The requirement to notify immediately allows the GREC to assess the situation and take appropriate action, whether it be an investigation or any necessary disciplinary proceedings.

Other timeframes, such as 30 days, 60 days, or seven days, do not meet the urgency that the situation demands. Immediate action ensures that the integrity of the real estate profession is upheld and that any potential risks to the public are promptly addressed. Therefore, the correct answer reflects the necessity for swift communication with the regulatory body.