229 Peachtree Street NE
Atlanta, GA 30303-1605
Phone: 404-656-3916
Fax: 404-656-6650
Suite 1000 - International Tower
GREC Close A Firm (01-2015)
Page 1 of 2
Georgia Real Estate Commission
Georgia Real Estate Appraisers Board
Email: grecmail@grec.state.ga.us
This form can be filled out online. Print TWO copies: one to sign and submit for processing and one for your records. Once the
completed application, including all supporting documents, is received it will be processed.
There is not a fee for this application. It may be submitted by fax, email, mail or in person.
All affiliated licensees, except for the Qualifying Broker (or Broker, if a Sole Proprietorship), must be released from the
Firm before this application can be processed. Licensees may be released online OR by submitting a Change Application
for each individual.
All Firm Trust Accounts must be closed. This may done in Section C of this application or prior to submitting this
application by using the online system, or by submitting the Trust Account Registration form.
Attach any supporting documentation, if required.
Application to Close A Firm
Section A
Firm Information
Firm Name:
Firm License #
Broker Information
Section B
Broker Name:
GA License #
Select ONE option below:
I will become an associate broker at another firm.
NOTE: Your new broker must complete and sign below:
Firm Name:
Firm License #
Broker Name:
Firm Phone:
New Broker Signature:
(1)
FOR OFFICE USE ONLY
LIC #INV
Codes
Proc By & Proc Dt
Fee
Rec By
Rec Dt
(3)
I am opening a new firm where I will be the broker. NOTE: Attach an 'Open a Firm Application'.
(2)
I am going to become a qualifying broker of an existing firm.
NOTE: Attach a 'Change of Qualifying Broker' application to affiliate with the firm.
No other changes need to be made to my individual broker record because I am already affiliated with another firm(s)
in addition to the one named on this application.
(5)
I am requesting to place my license on INACTIVE status.
(4)
Date:
Status Requested:
Closed
(Cannot be re-opened without submitting new 'Open A Firm' application and fee)
Inactive (License may be re-actived in the future, as long as renewal fees are paid)
Reason for Closing:
Voluntary
Broker Deceased (attach obituary or death certificate)
Other (specify): ______________________________________
Effective
Date:
(1)
(2)
(or place on Inactive status)
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229 Peachtree Street NE
Atlanta, GA 30303-1605
Phone: 404-656-3916
Fax: 404-656-6650
Suite 1000 - International Tower
GREC Close A Firm (01-2015)
Page 2 of 2
Georgia Real Estate Commission
Georgia Real Estate Appraisers Board
Email: grecmail@grec.state.ga.us
Location of Firm Records
Section D
Street
Address:
GA License #:
Certification of Broker or Designated Representative
Date:
Signature:
If this application is being submitted by fax or email, I will ensure that any licensee wall certificates in my possession will
be given to the respective licensee to bring to his/her new broker, or destroyed, as necessary.
I hereby certify the information provided in this application is true to the best of my knowledge and belief.
Firm Trust Accounts
Section C
Estimated Close Date
Bank Name
Account #
List all Firm Trust Accounts as registered with the Commission. (Attach additional sheets, if necessary.)
Copies of all sales contracts, brokerage engagements, closing statements, leases, trust account journals and other documents
related to real estate transactions are required to be maintained by the broker for at least 3 years. [See Chapter 520-1-.10(4)].
Please provide the address where these documents will be maintained:
City:
State:
Zip Code:
Name of Broker, or custodian of records:
Phone Number:
Certification
Section E
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