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California Department of Real Estate

Details: Prepaid Rental Listing Services. Apply for PRLS License, Description of Business, Contract Approvals, List of Licensees. The mission of the California Department of Real Estate is to safeguard and promote the public interests in real estate matters through licensure, regulation, education and enforcement.

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COVID-19 Information

Details: Governor Newsom Issues Executive Order to Protect Homeowners During COVID-19 Pandemic. Business, Consumer Services and Housing Agency: Public Service Announcements. Information for Renters and Homeowners About Their Protections and Resources, April 30, 2020. Guidance and Frequently Asked Questions on Residential and Commercial Eviction

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2021 Real Estate Law

Details: 2021 Real Estate Law (as of January 1, 2021) The 2021 Real Estate Law is comprised of statutes and regulations with which real estate practitioners should be familiar. It is divided into four parts by subject matter as follows: Real Estate Law and Subdivided Lands Law. Business and Professions Code Sections 10000 through 11288.

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Possible Alternatives or Options to Foreclosure

Details: Pursue a “short sale” • Rent out your entire home • Rent out rooms • Offer a “deed-in-lieu” of foreclosure to your lender or its servicing agent • Home equity sale Home Equity Sale This advisory focuses on the home equity sale option. A home equity sale is an alternative to foreclosure only available to homeowners with

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DISCLOSURES IN REAL PROPERTY TRANSACTIONS

Details: • The sale of new homes as part of a subdivision project where a public report must be delivered to the purchaser or a public report is not required. However, when such new homes are sold through a real estate broker, the broker owes the buyer a duty to disclose any material facts which affect the value, desirability and intended use of the

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Homebuyers/Borrowers

Details: Homebuyers/Borrowers. This is your gateway to links that provide helpful information for home buyers, borrowers, and mortgage loan professionals. It contains links to Department of Real Estate publications and resources; state and federal agencies who license mortgage brokers, lenders and other financial institutions; and valuable information

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Real Estate Advertising Guidelines

Details: Real Estate Broker: a person licensed as a broker. (Bus. & Prof. Code section 10012) Real Estate Salesperson: a natural person licensed as a salesperson and who, for a compensation or in expectation of compensation, is retained by a real estate broker to conduct licensed real estate activities. (Bus. & Prof. Code sections 10013 and 10016)

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California Department of Real Estate News Clips

Details: The report revealed that roughly 63,000 homes for sale in September 2021 were For Sale By Owner listings. Zillow economist Alexandra Lee also reported that rural and low-income sellers tend to use these listings more because they value the flexibility to sell their homes on their own terms.

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2. The Real Estate License Examinations

Details: 3. The maximum commission a broker may charge a seller for the sale of residential income property is: (a) set forth in the Real Estate Law (b) negotiable (c) no more that 10 percent of the total sales price (d) determined by local custom. 4. In a typical percentage lease, rent is calculated as a percentage of:

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California Department of Real Estate

Details: Lennar Homes of Ca & Lennar Sales Corp 25 ENTERPRISE, STE. 300 128835LA - S00 33162 132 AT PEDREGAL 7603208773 Palm Springs Moder Homes VI LLC 1091 N. PALM CANYON DRIVE PALM SPRINGS, 92262 128846LA - S00 28206-1 MOSAIC 9492509229 Garbani 2005 LLC 17891 CARTWRIGHT ROAD 92614 128860LA - F00 31462-9 PALMETTO II AT FAIRWAY CANYON PH 4 …

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20. Basic Contract Provisions and Disclosures in a

Details: Basic Contract Provisions and Disclosures in a Residential Real Estate Transaction . A residential real estate sale transaction usually begins at the time a broker obtains an agency contract in the form of a listing from the property owner. When a buyer is found, the transaction proceeds through several interrelated processes: Concluding the sale.

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9. Landlord and Tenant

Details: 1. For lodgings, dwelling-houses, and residential properties, the period of time adopted for the payment of rent. For example, if rental payments are due on a monthly basis, the lease term is equal to one month. If the lease fails to address the period adopted for rental payments, the tenancy is presumed to be for one month. (Civil Code Section

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Desist and Refrain Orders for Unlicensed Activities

Details: The following persons or entities have been issued a Desist and Refrain Order for conducting real estate activity without being properly licensed. If a consumer is uncertain about whether a person is licensed check our on-line licensee database. HERE.

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1. The California Department of Real Estate

Details: 1 The California Department of Real Estate across the land found it increasingly difficult to “strike a deal” with strangers for land and homes. There was a and Prepaid Rental Listing Services. When a Real Estate License is Required Sections 10131, 10131.1, 10131.2, 10131.3, 10131.4,

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L DISCLOSURE REQUIREMENTS FOR ADVERTISING

Details: the requirement described in Section 10236.4 as applicable to real estate brokers. (c)This section shall not applyto “for sale,” rent, lease,“open house,” anddirectional signsthat do either of the following: (1)Display the responsible broker’sidentity, as defined in Section 10015.4, without reference to an associate broker or licensee.

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Forms by Number: RE100 through RE298

Details: RE 207 & RE 251. Officer Renewal Application. x. RE 208 & RE 251. Broker Renewal Application. x. RE 209 & RE 251. Salesperson Renewal Application.

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Desist and Refrain Orders for Unlicensed Activities

Details: Desist and Refrain Orders for Unlicensed Activities. The following persons or entities have been issued a Desist and Refrain Order for conducting real estate activity without being properly licensed. If a consumer is uncertain about whether a person is licensed check our …

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Prepaid Rental Listing Service (PRLS) D & R's

Details: Prepaid Rental Listing Service (PRLS) D & R's. The following persons or entities have been issued a Desist and Refrain Order for conducting unlicensed prepaid rental listing service activities.

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Bureau of Real Estate of the State of California

Details: Under Section 125.6 of the B&P Code, California real estate licensees are subject to disciplinary action by the Real Estate Commissioner if they discriminate or make any distinction or restriction in negotiating the sale or lease of real property because of the race, color, sex, religion, ancestry, national origin, disability, medical condition

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Alert to Real Estate Licensees and Others Who Solicit

Details: rental” agreement with a property owner in order to circumvent the Real Estate Law and to perform licensed “property management” acts without the benefit of a real estate broker license. An example of this would occur where the rental is really for a period of greater than 30 days ( i.e ., not

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22. Property Management

Details: 22 Property Management. Property management is a specialty in which real estate brokers manage homes and duplexes as well as large projects such as office and industrial complexes, shopping centers, apartment houses, and condominiums. Reasonable knowledge and understanding of the general principles and responsibilities relating to this field is

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COVID-19 Information

Details: Department of Real Estate P.O. Box 137003 Sacramento, CA 95813-7003 . 4. What else do I need to know about the June 30, 2021 deadline? Your renewal is considered on-time if your eLicensing transaction is completed or your mailed application is …

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RE 622A w/proposed changes--use to make comments, Rev …

Details: Pursuant to federal Real Estate Disclosure and Notification Rule (24 CFR Part 35 and 40 CFR Part 745), the seller is required to disclose to prospective purchasers that this property may contain lead-based paint and/or lead-based paint hazards as well as provide certain …

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Prepaid Rental Listing Service (PRLS) Licensees

Details: Prepaid Rental Listing Service (PRLS) Licensees "Prepaid rental listing service" means the business of supplying prospective tenants with listings of residential real properties for tenancy, by publication or otherwise, pursuant to an arrangement under which the prospective tenants are required to pay a fee in advance of, or contemporaneously with, the supplying of the listings, but which does

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Examinee List/Licensee List Data Files

Details: Examinee List/Licensee List Data Files. Lists of non-confidential examinee or licensee information may be downloaded free of charge in an Excel format. Complete details regarding the data contained on these lists is available on Form RE 776-Examinee/Licensee Data File Definition ( RE 776 ) Pursuant to Civil Code Section 1798.61 (b), the

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (9/1/2015 - 9/30/2015) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code.

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Desist and Refrain Orders for Unlicensed Activities

Details: Mortgage Watch and Team Real Estate: H-3030SD: 7/1/2004: Moss, Matthew Wayne: H-6808SAC: 4/24/2019: Moule, Lynne Townsend: H-6091SAC: 3/10/2014: Mountain Showcase Property Management: H-28092LA: 5/19/1999: Mountain Showcase Randall L. Rogers: H-28092LA: 5/19/1999: Mountain Showcase Real Estate: H-28092LA: 5/19/1999: Mountain Showcase Rental and

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (5/1/2014 - 5/31/2014) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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Desist and Refrain Orders for Unlicensed Activities

Details: The following persons or entities have been issued a Desist and Refrain Order for conducting real estate activity without being properly licensed. If a consumer is uncertain about whether a person is licensed check our on-line licensee database HERE. NOTE: Click on the headings to …

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (7/1/2012 - 7/31/2012) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (2/1/2014 - 2/28/2014) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (7/1/2021 - 7/31/2021) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code.

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Desist and Refrain Orders and/or Accusations for Loan

Details: Desist and Refrain Orders and/or Accusations for Loan Modification Activities. A Desist and Refrain Order and/or Accusation has been filed by the Department of Real Estate resulting from a loan modification and/or foreclosure rescue transaction. In some instances, the person or entity has been ordered to stop providing loan modification and/or

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (2/1/2016 - 2/29/2016) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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Required Statutory / Pre-License Real Estate Courses

Details: Required Statutory / Pre-License Real Estate Courses. Courses listed are approved by the Department of Real Estate as meeting pre-license education course requirements for the real estate Salesperson and Broker license. Each course is a minimum of 45 hours in length.

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Welcome to the California Department of Real Estate (DRE

Details: Prepaid Rental Listing Services. Apply for PRLS License, Description of Business, Contract Approvals, List of Licensees Information every examinee needs to know before applying for the real estate exam . Out-of-State Applicants. Guidance for Out-of-State Examinees and License Applicants. eLicensing. Self-schedule or reschedule your

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (5/1/2021 - 5/31/2021) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code.

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Summer 2012 Real Estate Bulletin

Details: The REAL ESTATE BULLETIN (ISSN 07347839) is published quarterly by the State of California, Department of Real Estate, 2201 Broadway, Sacramento, CA 95818, as an educational service to all real estate licensees in the state under the provisions of Section 10083 of the Business and Professions Code. Reproduction, in whole

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (6/1/2013 - 6/30/2013) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (2/1/2011 - 2/28/2011) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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DRE Forum Long Beach 2018

Details: Mobile Homes Tenancy-in-common (TIC’s) The bills move real estate definitions from the Civil Code to the Real Estate Law Excludes “for sale”, “for rent” or “open house” sign where sign has no name/logo or the name/logo belongs to the responsible broker . Broker Associates . AB 2330 (Ridley-Thomas)

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (4/1/2010 - 4/30/2010) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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Summary of Enforcement Actions

Details: Summary of Enforcement Actions (3/1/2011 - 3/31/2011) The Department of Real Estate is a licensing and regulatory agency empowered to seek disciplinary action through the State Office of Administrative Hearings against licensees who violate specific sections of the State Business and Professions Code. We also are empowered to file orders to

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