Real Estate Commission Flashcards
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