Hawaii Real Estate State Practice Exam

Question: 1 / 400

Are board members and real estate licensees equally empowered to make major decisions on behalf of their associations?

True

False

In the context of real estate associations, it is essential to understand the distinct roles of board members and real estate licensees. Board members typically hold positions of authority within the association, granting them the power to make major decisions that affect the organization as a whole. These decisions can encompass a wide range of areas, including policies, budgets, and overall direction.

On the other hand, real estate licensees, while knowledgeable and often involved in the operations of the association, do not possess the same level of authority. Their roles focus more on transactions, client representation, and specific duties related to real estate practice rather than strategic oversight or governance. Therefore, licensees are generally not equally empowered to make major decisions affecting the association’s direction and management.

This distinction underscores why the correct answer is that board members and real estate licensees are not equally empowered in this respect. The authority rests primarily with the board members who are elected or appointed to lead and govern the association.

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Only under certain circumstances

Only for budgetary decisions

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