California
LicensingReal
Preparation.pdf
Estate Exam Questions and Answers Study Guide
California
LicensingReal
Preparation.pdf
Estate Exam Questions and Answers Study Guide Licensing Preparation.pdf
California Real Estate Exam
Questions and Answers
Study Guide Licensing
Preparation
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
California Real Estate Exam Questions and Answers Study Guide
California
LicensingReal
Preparation.pdf
Estate Exam Questions and Answers Study Guide
California
LicensingReal
Preparation.pdf
Estate Exam Questions and Answers Study Guide Licensing Preparation.pdf
,Real estate California.pdf Real estate California.pdf Real estate California.pdf
CalBRE California Bureau of Real Estate, which governs all real estate licensing and
enforces the California Real Estate Commissioner's Regulations
CalDRE California Department of Real Estate, formerly the Bureau of Real Estate, or
CalBRE
Real Estate Commissioner Appointed by the governor and is compensated. Must be a practicing real estate
broker for at least 5 years. Determines policy, issues regulations to enforce law.
They are the Chief executive officer of CALDRE
Real Estate Advisory Commission 10 members. 6 licensed real estate brokers, 4 non-Licensed. Not compensated &
appointed by the commissioner to discuss and suggest policies
MOG (Mineral Oil and Gas licenses) Brokers or salespersons may perform activities related to MOG. Sell, purchase,
exchange, lease, collet rent.
What can't unlicensed assistants do? They cannot show listings, solicit public to use the brokerage's services, Host
open houses, negotiate.
They can do paperwork, assemble documents, schedule appointments, provide
factual information about listing.
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Real Estate Brokerage Business where real estate activity's are performed, must have At least one
licensed Broker
Common Ownership Structures for Brokerages Sole proprietor, partnership, corporation
Associate Broker also called a broker-associate, is a person who holds a real estate broker license,
but is employed by, and works under the supervision of, a broker of record
Activity's requiring a license Any Real estate activity's that you will be paid for. You can sell your
neighborhoods house without a license as long as you do not receive a incentive.
Exemptions from real estate liscences These activities do not require a license, real estate activity's on their own behalf
(for sale by owner) Escrow agents, selling real property under a deed or trust,
attorney with legal services, apartment management
Expired Real Estate License Expired for less than 2 years- must complete continuing education, pay renewal
fee (pay late fee if late)
Expired more than 2 years- complete pre licensing courses and pass exam
Real estate California.pdf Real estate California.pdf Real estate California.pdf