Undo And Redo In Legal California Real Estate Forms For Free

For licensees, the maximum fine amount is $2,500 per citation. For unlicensed persons conducting activities requiring a license, the maximum fine amount is $2,500 per unlicensed act.

If you fail to renew your license on-time (prior to your license expiration date), you may renew your license during the two year late renewal period immediately following your license expiration date. However, you cannot perform activities requiring a real estate license until your license has been renewed.

Governor Brown's consolidation effort abolished these departments and set up the Bureau of Real Estate and the Bureau of Real Estate Appraisers. That meant that the DRE would become the BRE. For many within real estate, CalBRE was another nickname for the new real estate bureau.

A licensed broker must retain for three years copies of all listings, deposit receipts, canceled checks, trust account records, and other documents executed by or obtained by the broker in connection with any transaction for which a license is required.

The California Department of Real Estate exists to serve the real property market and protects the transactions occurring in the real estate field. The DRE grants licenses to Real Estate Brokers and Salespersons.

How much does it cost to retake the real estate exam in California? You can retake the real estate license exam after 18 days in case you fail the test. Each attempt costs $60. If you fail the retest, then you'll have to retake the pre-licensing course and include that as an additional cost to the process.