North Dakota Real Estate Practice Exam

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Prepare for the North Dakota Real Estate Exam with our interactive quiz. Utilize multiple choice questions and detailed explanations to enhance your comprehension. Equip yourself for success in your upcoming exam!

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How often may the Real Estate Commission submit a report to the governor and secretary of state?

Monthly
Biennial
Annually
Quarterly

The correct answer is: Biennial

The Real Estate Commission in North Dakota is required to submit a report to the governor and secretary of state biennially. This means that the commission will prepare and submit a report every two years. This reporting frequency is typically designed to provide a comprehensive overview of the commission's activities, updates on regulations, and insights into the real estate market to the state's leaders without overwhelming them with too frequent updates. This two-year cycle allows for a more substantial collection of data and results, ensuring that the governor and secretary of state have a clear view of the commission’s performance over a significant period, rather than the more frequent intervals like monthly, quarterly, or annually, which are typically used for other reporting or operational matters.