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Flashcards in Real Estate Commission Deck (2)
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1
Q

Real Estate Commission | Principal Role & Purpose (5)

A
  • Establish requirements for obtaining a license
  • Define activities requiring a license
  • Approve real estate schools
  • Describe acceptable standards of conduct
  • Enforce standards through a disciplinary process
2
Q

Real Estate Commission | Members

A

11 members appointed by governor & approved by senate

Serve 5-year staggered terms

Composition

  • Commissioner of Professional & Occupational Affairs
  • Director of the Bureau of Consumer Protection
  • 3 members at large
  • 5 brokers with at least 10 years of experience
  • 1 cemetery broker with at least 5 years of experience