Which of the following actions can lead to revocation of a real estate license in Guam?

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

Demonstrating negligence in required acts can lead to the revocation of a real estate license in Guam because it indicates a failure to uphold the professional standards and responsibilities expected of licensed real estate professionals. Negligence can involve not properly disclosing necessary information, failing to perform due diligence, or mishandling client funds. Such behaviors compromise the integrity of real estate transactions and can negatively affect clients, warranting disciplinary action against the licensee.

In contrast, completing transactions without error showcases proficiency and compliance with regulations, which would not result in license revocation. Only representing one party in a transaction is a common practice in real estate, as agents often work on behalf of a client while allowing the other party to have their representation, which is permissible under the law. Having a license for less than one year is not a basis for revocation; instead, licensees of any duration are held to the same standards of conduct.

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