Category: Licensing and Education

DRE Hot Seat: Broker fails to supervise or disclose an overt conflict of interest

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 real estate corporation, later leading the designated officer to voluntarily surrender their broker license, for allowing an unlicensed employee to solicit and contract with their principal, and failing to disclose a conflict of interest.

Read More

DRE Hot Seat: Designated officer assumes responsibility over mismanaged brokerage

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) restricted the California real estate license of a broker who failed to properly supervise and maintain trust funds and trust fund records as the designated officer of a property management company.

Read More

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.

Read More

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.

Read More
Loading

Education

Quilix

Quilix

Your weekly California real estate news digest.

Resources

RPI Forms
FARM letters
Market Charts
Property Management Resources

Weekly Poll

How do you see the share of real estate investor purchases changing in 2023?

View Results

From: Letter to the editor: How do I tell the difference between a business and consumer mortgage?

Check out our previous poll here.

Games

Bubbles falling spelling jargon drop real estate game intro

Real Estate Crossword

Get to know us

About firsttuedsay

Products & Services

Proudly serving California licensees for over 40 years

firsttuesday

Most Popular Real Estate School in California firsttuesday ranked most popular real estate school in California by Redfin