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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. [5] Real estate licensing is subject to both the Real Estate Law and the Regulations of the Commissioner, which have the force and effect of law.
The department was established in 1963. It was initially called the Department of Commerce and consisted of four divisions: banking, insurance, real estate, as well as savings and loan. [2] The state fire marshal became one of the department's divisions in May 1973, before a consumer affair division was also added in July the same year.
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]
Public Health, California Department of (CDPH) Public Utilities Commission, California (CPUC) Racial Equity Commission, California (REC) https://racialequity.opr.ca.gov/ Real Estate Appraisers, Bureau of (OREA) Real Estate, Department of (DRE) Regenerative Medicine, California Institute for (CIRM) Registered Nursing, Board of (RN)
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A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
The deadline to obtain a California Real ID for U.S. domestic travel is officially less than a year away. Beginning May 7, 2025 , the new federal identification requirements take effect in California.
Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...