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Asked by: Abdessamed Vigaray
business and finance real estate industryWhen was the California real estate law upheld?
Last Updated: 8th September, 2021
The courts declared that law to be unconstitutional, based on its conditions compared to the licensing requirements of the Insurance Commissioner. California then adopted the Real Estate Act of 1919, which the State Supreme Court upheld as a reasonable exercise of the power of the state to regulate the conduct of its
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Furthermore, where is California real estate law found?
The DRE is headquartered in Sacramento and has district offices in Oakland, Fresno, Los Angeles, and San Diego. As of July 1, 2013, the DRE had 336 authorized positions and there are approximately 408,496 total real estate licensees in California as of October 2013.
Additionally, who is exempt from holding a real estate license? A person appointed by a court of law to sell property is exempt from licensure. After completing the post-licensing education requirement during the initial license period, active and inactive licensees must complete at lease 14 hours of continuing education during every two-year license period.
Consequently, who appoints the California Real Estate Commissioner?
The Real Estate Commissioner, who is appointed by the Governor, is the chief executive of the Department of Real Estate. To facilitate the administration and enforcement of the Real Estate Law and the Subdivided Lands Law, the Commissioner is empowered by law to issue regulations.
What is the real estate regulatory body in California?
Each state has its own real estate licensing laws and regulatory body. In California, this regulatory agency is the California Bureau of Real Estate, also known as the BRE. The MAIN purpose of the California Bureau of Real Estate is to protect the public.