This article is part of an ongoing series covering violations of real estate law. Here, the California Department of Justice (DOJ) sentenced a broker to 5 years and 4 months in prison and ordered him to pay restitution for creating forged and fraudulent records to obtain more than $8 million in mortgages for his clients in order to earn fees for himself.
Read More
As of today, firsttuesday is the first California school to obtain DRE-approval to provide California’s future agents and brokers with the new Real Estate Practice course.
Read More
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 did not properly maintain trust fund records, and allowed the unauthorized withdrawal of trust funds.
Read More
What buyers don’t know when boom times become recessions can’t hurt them, right? Wrong!
Read More
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 disclose broker compensation received on mortgage origination forms, while also misrepresenting themselves as a lender and not as the buyer’s agent.
Read More
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 knowingly took a fraudulent course for their mortgage loan originator (MLO) license endorsement, violating the student Rules of Conduct and licensing requirements of state and federal law.
Read More
This article examines the number of broker and sales agent licenses issued by the DRE from 1998-present, with forecasts about future licensing trends.
Read More
This article analyzes the historical population of active DRE licensees, with discussions and forecasts about future licensing trends.
Read More
The January 2023 DFPI Bulletin Digest focuses on license renewals, crypto regulation and CCFPL rulemaking.
Read More
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
Now is the instructive period of a business cycle which positions talented, recent licensees to max out the good times in the recovery phase of a business cycle.
Read More
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 failed to properly supervise their corporation’s activities as the designated officer.
Read More
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 failed to properly supervise his corporation’s activities.
Read More
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 acting as a property manager who charged the tenant a greater amount than was paid to the landlord.
Read More
The California Department of Real Estate (DRE) does not “accredit” schools. The DRE approves courses submitted by course providers.
Read More
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 failed to disburse trust funds to the owner of the funds.
Read More
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
Real Estate Compliance Consultant and former California Department of Real Estate Investigator, Summer Goralik, offers six tips to staying in compliance with real estate law.
Read More
The new course requirements will apply to real estate agents and brokers with licenses expiring on or after January 1, 2023.
Read More
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
Your weekly California real estate news digest.
