How many members are there in the Guam Real Estate Commission?

Study for the Guam State Laws Exam. Explore interactive quizzes with multiple choice questions, each providing insights and explanations. Master your knowledge for success!

The Guam Real Estate Commission is composed of seven members. This structure is established by the Guam Code Annotated, specifically under the relevant statutes governing real estate practices in the territory. The commission plays a vital role in overseeing real estate licensing, regulation, and ensuring adherence to ethical standards within the industry.

While the other options suggest a different number of members, they do not align with the mandated composition outlined in the governing laws. The correct figure is essential for understanding the regulatory framework and governance of real estate transactions on Guam, which ensures that the commission can effectively carry out its responsibilities.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy