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The California Real Estate Act has two core components: licensing and enforcement. [1] [2] Both licensing and enforcement functions are required by the Appraisal Subcommittee (ASC), the federal government organization which oversees all state real estate appraiser licensing agencies. [2]
The California Code of Regulations (CCR, Cal. Code Regs. ) is the codification of the general and permanent rules and regulations (sometimes called administrative law ) announced in the California Regulatory Notice Register by California state agencies under authority from primary legislation in the California Codes .
The Real Estate Commissioner is appointed by the Governor, and serves as the chief executive of the Department of Real Estate. [4]Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024.
California Gov. Gavin Newsom has extended emergency orders that prohibit such price hikes of more than 10% in Los Angeles County through March 8, 2025. The restrictions apply to existing tenants ...
Investing in necessity-based real estate is one way to grow your money over time. Commercial real estate has long been touted as a wise investment for adding stability to your portfolio ...
You can also check out the Real Estate Select Sector SPDR Fund (XLRE), which aims to replicate the real estate sector of the S&P 500 Index. It currently has 31 holdings and has an expense ratio of ...
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 ...
California Refinery and Chemical Plant Worker Safety Act of 1990 added section 7872 and 7873 to the Labor Code. On September 25, 1992, AB 2601 was signed into law. [20] It protected gays and lesbians against employment discrimination. [21] California was the seventh state to add sexual orientation to laws barring job discrimination. [22]