Georgia Code, Title 10, Chapter 6a - Brokerage Relationships in Real Estate Transactions
- § 10-6a-1 - Short Title
This chapter shall be known as and may be cited as the "Brokerage Relationships in Real Estate Transactions Act."
- § 10-6a-2 - Legislative Findings, Determinations, and Declarations; Chapter As Basis for Private Rights of Actions and Defenses
(a) The General Assembly finds, determines, and declares that application of the common law of agency to the relationships between real estate brokers and...
- § 10-6a-3 - Definitions
As used in this chapter, the term: (1) "Agency" means every relationship in which a real estate broker acts for or represents another as...
- § 10-6a-4 - Broker's Legal Relationship to Customers or Clients
(a) A broker who performs brokerage services for a client or customer shall owe the client or customer only the duties and obligations set...
- § 10-6a-5 - Duties and Responsibilities of Broker Engaged by Seller
(a) A broker engaged by a seller shall: (1) Perform the terms of the brokerage engagement made with the seller; (2) Promote the interests...
- § 10-6a-6 - Duties of Broker Engaged by Landlord
(a) A broker engaged by a landlord shall: (1) Perform the terms of the brokerage engagement made with the landlord; (2) Promote the interests...
- § 10-6a-7 - Duties of Broker Engaged by Buyer
(a) A broker engaged by a buyer shall: (1) Perform the terms of the brokerage engagement made with the buyer; (2) Promote the interests...
- § 10-6a-8 - Duties of Broker Engaged by Tenant
(a) A broker engaged by a tenant shall: (1) Perform the terms of the brokerage engagement made with the tenant; (2) Promote the interests...
- § 10-6a-9 - Duration of Relationships Between Brokers and Clients
(a) The relationships set forth in Code Sections 10-6A-4 through 10-6A-8 and Code Sections 10-6A-12 and 10-6A-13 shall commence at the time that the...
- § 10-6a-10 - Duties of Brokers Prior to Entering Into Brokerage Engagement Relationships
All brokerage engagements must: (1) Advise the prospective client of the types of agency relationships available through the broker; (2) Advise such prospective client...
- § 10-6a-11 - Creation of Relationship Not Determined by Payment or Promise of Compensation
The payment or promise of payment of compensation to a broker by a seller, landlord, buyer, or tenant shall not determine whether a brokerage...
- § 10-6a-12 - Broker Acting As Dual Agent
(a) A broker may act as a dual agent only with the written consent of all clients. Such written consent shall contain the following:...
- § 10-6a-13 - Exclusive Representation; Company Policies; Actual Knowledge; Confidentiality
(a) A broker may assign directly or through the adoption of a company policy different licensees affiliated with the broker as designated agents to...
- § 10-6a-14 - Ministerial Acts Explained; Required Actions of Transaction Brokers; False Information
(a) A broker acting as a transaction broker may provide assistance to buyers, sellers, tenants, and landlords by performing ministerial acts. Examples of ministerial...
- § 10-6a-15 - Affiliation With Common Source Information Company
Except as may be provided in a written agreement between the parties, a broker shall not be deemed to have an agency relationship with...
- § 10-6a-16 - Regulation
Nothing contained in this chapter shall limit the Georgia Real Estate Commission in its regulation of brokers and the broker's affiliated licensees pursuant to...
Last modified: October 14, 2016