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A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [ 5 ]
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Owners of commercial real estate benefited under the original rules of Proposition 13: If a corporation owning commercial property (such as a shopping mall) was sold or merged, but the property stayed technically deeded to the corporation, ownership of the property could effectively have changed without triggering Proposition 13's reassessment ...
Northern California Coast as seen from Muir Beach Overlook. The California Coastal Commission was established in 1972 by voter initiative via Proposition 20. [8] This was partially in response to the controversy surrounding the development of Sea Ranch, a planned coastal community in Sonoma County.
San Clemente Pier is a popular attraction which connects to the San Clemente Beach trail which extends 2.6 miles (4.2 km) along the coast between North Beach and Calafia State Beach. [25] The San Clemente Beach trail is a popular place for locals to walk or run. Casa Romantica is one of the most historic places in San Clemente. Casa Romantica ...
"Sixty-foot Ornate Structure at San Mateo's New Beach Resort Through Which Thousands Will Enter in Search of Pleasure." The land was acquired for US$200,000 (equivalent to $3,640,000 in 2023) from the William H. Howard Estate Company in February 1922; [12] [13] at the time, it was the largest real estate transaction in San Mateo County. [14]
Asilomar State Beach, officially Asilomar State Beach and Conference Grounds State Park, is a state park unit of California, United States. It provides public access to rocky coast and dune habitat on the Monterey Peninsula .
Investment in real estate can be categorized by financial risk into core, value-added, and opportunistic. [19] Real estate development can be less cyclical than real estate investing. [20] In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property.
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