North Dakota Real Estate Practice Exam 2025 – Comprehensive All-in-One Guide for Exam Success!

Question: 1 / 400

True or False: The terms of members of the Real Estate Commission must be staggered.

True

The statement is true because it is essential for the Real Estate Commission to have staggered terms for its members to ensure continuity and stability within the regulatory body. Staggering terms allows for some members to remain knowledgeable about ongoing projects and regulatory practices while new members are appointed, fostering a balance between new ideas and experienced oversight.

In a situation where all members' terms would end simultaneously, the Commission could face disruptions in its activities, potentially leading to lapses in governance or regulation in the real estate market. This structure aims to maintain a consistent regulatory environment, which is crucial for both the industry and consumers. Thus, staggering terms contributes to the effective functioning of the Commission, promoting stability and ongoing accountability in the management of real estate practices.

Get further explanation with Examzify DeepDiveBeta

False

Only for brokers

Only for appointed members

Next Question

Report this question

Download North Dakota Real Estate Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy