What term describes a person who holds an active real estate license?

Prepare for the Georgia Real Estate License Exam with our interactive quiz. Study with flashcards and multiple-choice questions, each providing hints and explanations. Get set for success!

The term that accurately describes a person who holds an active real estate license is "licensee." A licensee is a broad term that encompasses any individual who has been granted a real estate license by the state to engage in real estate activities. This includes both brokers and salespersons, as they must all meet specific continuing education and renewal requirements to maintain their active status.

While "broker" refers specifically to those who have taken advanced courses and passed a broker's exam, and "salesperson" designates those working under a broker's supervision, "licensee" is the more inclusive term that refers to all licensed individuals in the real estate field. "Agent" is often used in general terms to describe someone who acts on behalf of another, particularly in a real estate transaction, but it does not specifically indicate that the person holds a real estate license. The definition of licensee highlights the importance of being recognized officially by state authorities to engage in real estate transactions.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy