Which statement is true regarding the residency of real estate commission members in Indiana?

The correct choice states that members of the real estate commission must be residents of the State of Indiana. This requirement ensures that the commission members have a strong understanding of the unique real estate laws, practices, and needs of the residents in Indiana. By being residents, these members can better represent the interests of local consumers and real estate professionals.

Requiring residency helps to ensure that the regulations and policies formed by the commission are relevant and tailored to Indiana's real estate market dynamics. Additionally, it fosters accountability, as these members live in the state and are directly affected by the commission's decisions. This residency requirement is common among many regulatory bodies to ensure that their members are closely aligned with the residents and industries they serve.