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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. [ 6 ]
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 Natural Hazards Disclosure Act, under Sec. 1103 of the California Civil Code, [1] states that real estate seller and brokers are legally required to disclose if the property being sold lies within one or more state or locally mapped hazard areas. The law specifies that the six (6) required hazards be disclosed on a statutory form called the ...
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 ...
The California Department of Forestry and Fire Protection, colloquially known as Cal Fire, [3] is the fire department of the California Natural Resources Agency in the U.S. state of California. It is responsible for fire protection in various areas under state responsibility totaling 31 million acres, as well as the administration of the state ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
The Bridge Fire in Southern California exponentially exploded over 10 times in size in a matter of 24 hours, as firefighters grappled with two other major fires in the region and a man was ...
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 ...