Licensing regulation is an important function of the California Department of Real Estate. The DRE was established in 1917 with the formation of the country's first real estate law. With this law, licensing practices and licensees are regulated in a way that many other states emulate. The California Department of Real Estate exists to serve the real estate market and protect transactions that occur in the field of real estate.
The DRE licenses brokers and sellers of real estate. Before applying for the real estate license, all education and experience paperwork must be completed. The DRE is also responsible for the renewal of licenses. Under Real Estate Express policy, 135-hour pre-licensing courses for sellers must be completed within six (months) of the start date.
The applicant for any real estate license must submit a set of classifiable fingerprints, acceptable to the State Department of Justice (DOJ). The California Department of Real Estate (DRE) is the state agency responsible for administering real estate licensing examinations, issuing real estate licenses and certain mortgage loan originator endorsements to such licensees; regulating and disciplining real estate licensees; and qualifying certain residential. The California Department of Real Estate (DRE) is a California state agency focused on safeguarding and promoting the public interest in real estate matters through licensing, regulation, education and compliance. You will need to complete a Seller Examination Request and submit it along with the required fee and transcripts demonstrating successful completion of college-level statutory real estate courses and degrees.
Regulation of Real Estate Licenses In 1917, California became the first state to create laws regulating real estate licensing. On average, it takes five (and six) months to obtain a California real estate license, depending on the pace at which you complete the 135 hours of pre-licensing courses and pass your licensing exam, the time it takes you to complete the application process and find a sponsoring broker, and processing times of requests. Real estate agents can be held liable for breach of contract, negligence, including negligent and fraudulent misrepresentation, and breach of fiduciary duty. The California Department of Real Estate (DRE) is the state agency that licenses brokers and sellers of real estate.
You can also hold hearings to determine if an application should be denied and if a real estate license should be revoked or suspended. If a real estate agent fails to comply, you have reason not only to terminate your lease or purchase agreement, but you can also take legal action against the agent for professional or unsatisfactory misconduct. Evidence of completing the Real Estate Principles, Real Estate Practice, and an additional course from the list of course requirements, as well as proof of sponsorship from a licensed California broker, must be on file before the license is issued. You cannot sue a real estate agent for a bad opinion to win a misrepresentation lawsuit, the erroneous statement must involve some material fact about the property or sale that would affect a reasonable person's decision regarding the purchase.
