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Business and Professions Code - BPC - BPC § 10153.6
Business and Professions Code - BPC - BPC § 10153.6
All real estate broker licenses issued by the commissioner shall be for a period of four years. Applicants shall qualify in the appropriate examination and satisfy all other requirements prior to issuance of the license. The four-year license may be renewed upon filing the requir
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Business and Professions Code - BPC - BPC § 10153.7
Business and Professions Code - BPC - BPC § 10153.7
All real estate salesperson licenses issued by the commissioner shall be for a period of four years. Applicants must qualify in the appropriate examination and satisfy all other requirements prior to issuance of the license. The four-year license may be renewed upon filing the re
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Business and Professions Code - BPC - BPC § 10153.8
Business and Professions Code - BPC - BPC § 10153.8
When an applicant for a real estate license fails the qualifying examination, the applicant may apply for reexamination by filing the appropriate application and fee. The application and fee for reexamination shall be filed and the reexamination taken within the two-year period f
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Business and Professions Code - BPC - BPC § 10156.2
Business and Professions Code - BPC - BPC § 10156.2
An application on the form prescribed by the commissioner for the renewal of a license, filed before midnight of the last day of the period for which a previous license was issued, accompanied by the applicable renewal fee and good faith evidence of compliance with the provisions
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Business and Professions Code - BPC - BPC § 10156.5
Business and Professions Code - BPC - BPC § 10156.5
The commissioner may issue a restricted license to a person: (a) Who is or has been licensed under this chapter and who has been found by the commissioner after a hearing to have violated provisions of Division 4 of this code where such violation would justify the suspension or r
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Business and Professions Code - BPC - BPC § 10156.6
Business and Professions Code - BPC - BPC § 10156.6
A restricted license issued pursuant to Section 10156.5 as the commissioner in their discretion finds advisable in the public interest may be restricted: (a) By term. (b) To employment by a particular real estate broker, if a salesperson. (c) By conditions to be observed in the e
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Business and Professions Code - BPC - BPC § 10156.7
Business and Professions Code - BPC - BPC § 10156.7
(a) A restricted license issued pursuant to Section 10156.5 does not confer any property right in the privileges to be exercised thereunder, and the holder of a restricted license does not have the right to the renewal of the license. (b) The commissioner may without hearing issu
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Business and Professions Code - BPC - BPC § 10156.8
Business and Professions Code - BPC - BPC § 10156.8
As one of the conditions to the issuance of a restricted license authorized by Section 10156.5 the commissioner may require the filing of surety bonds in such form and condition as he may require in respect to the restricted licensee for the protection of persons or classes of pe
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Business and Professions Code - BPC - BPC § 10157
Business and Professions Code - BPC - BPC § 10157
No real estate license gives authority to do any act specified in this chapter to any person, other than the person to whom the license is issued.
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Business and Professions Code - BPC - BPC § 10158
Business and Professions Code - BPC - BPC § 10158
When a real estate license is issued to a corporation, if it desires any of its officers other than the officer designated by it pursuant to Section 10211, to act under its license as a real estate broker, it shall procure an additional license to retain each of those additional
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Business and Professions Code - BPC - BPC § 10159
Business and Professions Code - BPC - BPC § 10159
Each officer of a corporation through whom it is licensed to act as a real estate broker need not be a licensed real estate broker, but if not, is authorized only to act as such for and on behalf of the corporation as an officer. This does not preclude a designated corporate offi
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Business and Professions Code - BPC - BPC § 10159.2
Business and Professions Code - BPC - BPC § 10159.2
(a) The officer designated by a corporate broker licensee pursuant to Section 10211 shall be responsible for the supervision and control of the activities conducted on behalf of the corporation by its officers and employees as necessary to secure full compliance with the provisio
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Business and Professions Code - BPC - BPC § 10159.5
Business and Professions Code - BPC - BPC § 10159.5
(a) (1) Every person applying for a license under this chapter who desires to have the license issued under a fictitious business name shall file with the application a certified copy of their fictitious business name statement filed with the county clerk pursuant to Chapter 5 (c
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Business and Professions Code - BPC - BPC § 10159.6
Business and Professions Code - BPC - BPC § 10159.6
All of the following apply to use of a team name, as defined in paragraph (3) of subdivision (a) of Section 10159.7: (a) Notwithstanding subdivision (b) of Section 10140.6, advertising and solicitation materials that contain a team name, including print or electronic media and “f
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Business and Professions Code - BPC - BPC § 10159.7
Business and Professions Code - BPC - BPC § 10159.7
(a) For the purposes of this article, the following definitions shall apply: (1) “Fictitious business name” means a professional identity or brand name under which activity requiring a real estate license is conducted and the use of which is subject to approval by the department
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Business and Professions Code - BPC - BPC § 10161.5
Business and Professions Code - BPC - BPC § 10161.5
When the holder of a real estate broker’s or salesperson’s license is required to relinquish his or her license to assume an office in local, state, or federal government, he or she may have it reinstated at any time within six months of termination of his or her service in offic
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Business and Professions Code - BPC - BPC § 10161.8
Business and Professions Code - BPC - BPC § 10161.8
(a) The commissioner shall specify the manner in which a responsible broker shall provide notice to the commissioner of an affiliation with a real estate licensee or by which a real estate licensee shall provide notice of a change of address or affiliation. (b) Whenever a respons
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Business and Professions Code - BPC - BPC § 10162
Business and Professions Code - BPC - BPC § 10162
(a) Every licensed real estate broker shall have and maintain a definite place of business in the State of California that serves as the broker’s office for the transaction of business. This office shall be the place where the broker’s license is displayed and where personal cons
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Business and Professions Code - BPC - BPC § 10163
Business and Professions Code - BPC - BPC § 10163
If the applicant for a real estate broker’s license maintains more than one place of business within the State he shall apply for and procure an additional license for each branch office so maintained by him. Every such application shall state the name of the person and the locat
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Business and Professions Code - BPC - BPC § 10164
Business and Professions Code - BPC - BPC § 10164
(a) A responsible broker or corporate designated broker officer may appoint a licensee as a manager of a branch office or division of the responsible broker’s or corporate designated broker officer’s real estate business and delegate to the appointed manager the responsibility to
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Business and Professions Code - BPC - BPC § 10165
Business and Professions Code - BPC - BPC § 10165
For a violation of Section 10161.8, 10162, 10163, or subdivision (b) of Section 10164, the commissioner may temporarily suspend or permanently revoke the license of the real estate licensee in accordance with this part relating to hearings.
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Business and Professions Code - BPC - BPC § 10165.1
Business and Professions Code - BPC - BPC § 10165.1
This article does not require the department to post or publish electronic mail addresses or telephone numbers collected pursuant to Section 10150, 10151, or 10162, and if released by the department, the information shall be released in a way that discourages its use in unauthori
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Business and Professions Code - BPC - BPC § 10166.01
Business and Professions Code - BPC - BPC § 10166.01
For purposes of this article, the following definitions shall apply: (a) “SAFE Act” means the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Public Law 110-289). (b) (1) “Mortgage loan originator” means an individual who takes a residential mortgage loan
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Business and Professions Code - BPC - BPC § 10166.02
Business and Professions Code - BPC - BPC § 10166.02
(a) A real estate broker who acts pursuant to Section 10131.1 or subdivision (d) or (e) of Section 10131, and who makes, arranges, or services loans secured by real property containing one to four residential units, and any salesperson who acts in a similar capacity under the sup
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Business and Professions Code - BPC - BPC § 10166.03
Business and Professions Code - BPC - BPC § 10166.03
(a) A loan processor or underwriter who does not represent to the public, through advertising or other means of communicating or providing information, including the use of business cards, stationery, brochures, signs, rate lists, or other promotional items, that the individual c