California Real Estate Exam QUESTIONS & ANSWERS(RATED A)
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Course
California Real Estate
Institution
California Real Estate
Purpose of CalBRE - ANSWER The California Bureau of Real Estate (CalBRE) protects the public through the enforcement of laws and requirements for salespersons' and brokers' real estate licenses.
The California Real Estate Commissioner - ANSWER The California Real Estate Commissioner has the auth...
California Real Estate Exam
QUESTIONS &
ANSWERS(RATED A)
Purpose of CalBRE - ANSWER The California Bureau of Real Estate (CalBRE) protects the public through
the enforcement of laws and requirements for salespersons' and brokers' real estate licenses.
The California Real Estate Commissioner - ANSWER The California Real Estate Commissioner has the
authority to investigate the actions of any person engaged in the business of a licensee in California, and
has the power to deny, suspend or revoke the real estate license.
Original Real Estate Salesperson License Requirements - ANSWER A candidate for an original real estate
salesperson license must be at least 18 years old; pass a written examination; provide Proof of Legal
Presence in the United States and disclose any criminal violation or disciplinary action.
Applicants who seek to obtain a 4-year salesperson license must complete the college-level Real Estate
Principles course, the Real Estate Practice course, and one additional required college-level course.
Real Estate Broker License Requirements - ANSWER The applicant for an original real estate broker
license must be at least 18 years old; actively engaged as a real estate salesperson for at least two years
during the five years immediately preceding the application; have completed eight courses (five
mandatory and three elective courses).
Can a corporation be licensed as a RE broker? - ANSWER A corporation may be licensed as a real estate
broker, if one officer is a qualified real estate broker, who must submit a Corporation License Application
and its fee.
Can corporations do business as FBN's or DBAs? - ANSWER Some corporations may do business under
several fictitious business names ("dba"). Applications for changes in name, salespersons and location
must be officially submitted.
, Renewal Requirements - ANSWER All renewal applicants, including salespersons, must complete a total
of 45 hours of approved offerings within the four-year period immediately preceding license renewal.
The license may be renewed within two years from expiration. Later than that, one needs to re-qualify
through the examination process.
Sections 10176 and 10177 of the Business Professions Code - ANSWER Sections 10176 and 10177 of the
Business Professions Code constitute the foundation for most license suspensions or revocations.
The most important topics under these sections, which constitute the grounds for disciplinary action
against a licensee:
>Misrepresentation; continued misrepresentation;
>False promise.
>Dual Agency, or Divided Agency.
Violations of Code Section 10176 - ANSWER >Definite termination date.
>Secret profit.
>Listing-option.
>Dishonest dealing
>Signatures of prospective purchasers.
Violations under Section 10177 - ANSWER >Obtaining a license by fraud.
>Convictions
>False advertising.
>Violations of other sections; Franchise Investment Law; Corporations Code; Securities Law;
>Misuse of trade name.
>Conduct warranting denial.
>Negligence or incompetence.
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