Avoid the cancellation of licenses attached to a corporate license by following proper DRE procedures to make Designated Officer changes.
Changing a real estate corporation’s Designated Officer
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Real Estate Matters
Keep abreast of the real estate industry in California with this expansive buffet of topics. This volume simplifies complex concepts to quickly update agents and brokers.
Stay current on the latest news, videos, forms, and updates for Real Estate Matters.
Recent updates to the course e-book
- Page 174: The first paragraph has been amended to read: If the deferred rent is not
paid as scheduled, the nonresidential landlord may file a UD action to evict the
tenant without serving another three-day notice.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
A Designated Officer’s diligence guidance
Learn about a designated officer’s duties to maintain corporate and employee compliance with Real Estate Law.
California’s for-sale inventory growth: buyer caution rises faster than owner need to sell
In early 2025, low-tier priced housing has the lowest level of inventory available for sale or rent.
May a landlord recover possession of their leased premises from a tenant when the landlord provides a deficient three-day notice to pay rent or quit?
Eshagian v. Cepeda
Duties owed by designated officers
Learn how an individual becomes a designated officer of a DRE-licensed corporation and provides supervision and oversight of all its employees for compliance with real estate law.
Home sales volume impacts sales agent licensing and renewals
View California sales agent trends from 2002-present, and examine the effect of home sales volume on licensing.
San Diego housing indicators
View these charts for current activity and forecasts for San Diego’s housing market.
Orange County housing indicators
View these Orange County regional charts for details on current activity and forecasts for its local housing market.
Form-of-the-Week: Purchase Agreement with Short Sale Contingency, and Deed-in-Lieu of Foreclosure — Forms 150-5 and 406
Alternative methods to a foreclosure sale on mortgaged property include a short sale and a deed-in-lieu of foreclosure. RPI Form 150-5 allows a buyer to purchase a property when the mortgage holder agrees to take a reduced payoff to satisfy the debt and clear title. RPI Form 406 allows an owner to deed their property directly to their mortgage holder.