Which of the following describes the authority of a real estate commission?

The authority of a real estate commission predominantly encompasses regulatory, judicial, and administrative functions.

Regulatory authority is crucial because a real estate commission is responsible for enforcing the laws and regulations that govern real estate practices within the state. This involves creating rules that real estate professionals must follow to ensure ethical conduct and compliance with licensing laws.

Judicial authority comes into play as the commission has the power to adjudicate disputes between parties involved in real estate transactions, including disputes over licensing violations. This means that the commission can hold hearings and make determinations regarding the actions of real estate professionals, essentially serving a quasi-judicial role.

Administrative authority allows the commission to manage the operational aspects of real estate licensing and regulation. This includes processing applications for new licenses, renewals, and overseeing continuing education requirements for real estate professionals.

In contrast, the other options mix terms that do not accurately reflect the specific functions typically assigned to a real estate commission. For instance, while advisory functions may be part of a commission's role, they don't encompass its broader regulatory powers effectively. Thus, the correct choice encompasses the primary and essential roles of a real estate commission within its operational framework.