Guam State Practice Exam Questions & Answers.
How many members and term for the RE Commission? - CORRECT ANSWER 7 members/4 years
Real Estate Commission Functions - CORRECT ANSWER 1. Adopt Rules and Regulations relating to administration
2. Make recommendations and suggestions of policy to...
How many members and term for the RE Commission? - CORRECT ANSWER 7 members/4 years
Real Estate Commission Functions - CORRECT ANSWER 1. Adopt Rules and Regulations relating to
administration
2. Make recommendations and suggestions of policy to the commissioner as the commissions deems
beneficial and proper for the welfare and progress or the real licensees and of the pu lic and of the real
estate business on Guam.
3. Adopt a seal, which may be either engraved or in stamp
Members of the Real Estate Commission - CORRECT ANSWER 7 total (4 real estate brokers active for 5
years, 1 licensed attorney, 1 chosen from the public, 1 classified employee of Dep. of Rev. & Tax in R.E.
Licensing Division)
What is the composition and terms of the Board of Equalization - CORRECT ANSWER 5 member/4yr term
Functions of the Board of Equalization - CORRECT ANSWER 1. Inspect tax rolls, 2. Ensure equality in
assessment, and 3. Correct inequalities found in tax assessment
Where do you go to appeal the appraised value of your property for tax assessment? - CORRECT
ANSWER Board of Equalization
Who is responsible for subdivision approvals, zone changes, conditional uses and variances from land
use laws and regulations as well as sea shore reserve and wetland permits? - CORRECT ANSWER Guam
Land Use Commission (GLUC)
What is the composition and term for GLUC? - CORRECT ANSWER 5 members/5 years
, Where is GLUC located? - CORRECT ANSWER Land Management
Which agency is responsible for all issues related to Zoning? - CORRECT ANSWER GLUC
How is the the GLUC formed? - CORRECT ANSWER Members appointed by the governor of Guam
Who performs the GLUC's technical review process? - CORRECT ANSWER The Application Review
Committee (ARC)
What is the compostion of the ARC? - CORRECT ANSWER Representatives from each of the following
agencies: Dep. of Land Mgmt., Burea of Statistics and Planning, DPW, Guam EPA, Dept. of Agriculture,
GWA, DPR, and GPA.
What is Zoning? - CORRECT ANSWER Process of dividing land in a municipality into zones in which
certain land uses are either permitted or prohibited.
Zoning law on Guam is established for? - CORRECT ANSWER To promote public health, public safety, and
general welfare.
If a land owner wants to use the property for a purpose beyond its current use, the owner must request
what? - CORRECT ANSWER Zone variance or zone change, conditional use permit, and other permits.
What properties are non-conforming? - CORRECT ANSWER 1. Properties that have been granted a
grandfather clause, 2. Properties that fo not comply with current zoning laws, and 3. Properties that do
not comply with previous zoning laws.
What are some zone variances? - CORRECT ANSWER 1. Modifications of parking regulations and height
restrictions 2. An exception to the setback requirement with GLUC
Purpose of Land use zoning - CORRECT ANSWER Established regulations in order to encourage the most
appropriate uses of land, provide adequate open spaces around buildings, prevent undue concentration
of population, assure adequate provisions for schools, parks, recreation and other infrastructure, and
control the types of developments which would create nuisance and/or a health and safety hazard.
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