DRE as the enforcer at large steps up to the plate — as the umpire in chief
Our multimedia review of the DRE’s most common types of disciplinary actions they encounter.
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Tag: fictitious business name
DRE Hot Seat: Failure to report felonies and website advertisement blunders
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a broker who failed to report felony charges brought against them, advertised real estate services on their website while not in good legal standing with the Secretary of State, and failed to disclose required information in their website advertisements.
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Fictitious Business Names, Teams and Identification Requirements
Covers: Proper identification requirements in advertising; Obtaining and maintaining a fictitious business name; Creating a team to improve the level of services offered to clients.
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DRE Hot Seat: A broker’s website needs to comply with real estate advertisement laws
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who advertised real estate services without disclosing his license identification number, claimed to perform mortgage loan originator (MLO) services without holding a valid license, and used unlicensed fictitious business names on his website.
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DRE Hot Seat: Broker conceals their own non-licensed escrow service while commingling trust funds
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who commingled their client’s funds with their personal account and used themselves, operating under an unapproved fictitious business name, as the escrow service without informing the client.
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Brokerage Reminder: Properly filing a fictitious business name
A weekly reminder to stay on top of your practice from firsttuesday’s in-house broker!
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DRE Hot Seat: Pacific West Homes & Investments, Inc.
This article is part of an ongoing series covering violations of real estate law. Here, the DRE revoked the license of a real estate corporation along with its designated officer for failing to retain documents, unlawful use of a fictitious business name, making substantial misrepresentations and failing to adequately supervise.
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