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Business and Professions Code - BPC - BPC § 11406
Business and Professions Code - BPC - BPC § 11406
(a) The director shall by regulation establish fees for approval of basic education and continuing education courses or their equivalent, or for the evaluation of petitions of applicants based upon claims of equivalency pursuant to Section 11340. The fees established by regulatio
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Business and Professions Code - BPC - BPC § 11406.5
Business and Professions Code - BPC - BPC § 11406.5
The director shall, by regulation, establish the fees to be imposed on appraisal management companies. The fees shall be sufficient to cover the costs incurred by the bureau in administering the changes to this part made by the act adding this section.
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Business and Professions Code - BPC - BPC § 11407
Business and Professions Code - BPC - BPC § 11407
The director may by regulation prescribe fees lower than the maximum fees established by this chapter if the director determines that lower fees will be adequate to offset the costs incurred by the bureau and the committee in the administration of this part.
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Business and Professions Code - BPC - BPC § 11408
Business and Professions Code - BPC - BPC § 11408
(a) An applicant for licensure shall not be eligible to have a license issued unless the applicant notifies the bureau within one year of successful completion of the examination. (b) Every applicant or licensee shall pay federal registry fees and state registry processing fees t
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Business and Professions Code - BPC - BPC § 11409
Business and Professions Code - BPC - BPC § 11409
(a) Except as otherwise provided by law, any order issued in resolution of a disciplinary proceeding may direct a licensee, applicant for licensure, person who acts in a capacity that requires a license under this part, registrant, applicant for a certificate of registration, cou
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Business and Professions Code - BPC - BPC § 11410
Business and Professions Code - BPC - BPC § 11410
The Real Estate Appraisers Regulation Fund is hereby created in the State Treasury to consist of moneys raised by fees and assessments imposed pursuant to this part. Interest shall be paid at the pooled money investment rate on all money transferred to the General Fund from the R
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Business and Professions Code - BPC - BPC § 11411
Business and Professions Code - BPC - BPC § 11411
There shall be separate accounts in the Real Estate Appraisers Regulation Fund for purposes of administration and for purposes of recovery. These accounts shall be known respectively as the Administration Account and the Recovery Account. On and after January 1, 2026, 5 percent o
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Business and Professions Code - BPC - BPC § 11411.5
Business and Professions Code - BPC - BPC § 11411.5
As used in this chapter, the following definitions apply: (a) “Application” means an application for payment from the Recovery Account filed with the bureau pursuant to subdivision (a) of Section 11413. (b) “Claimant” means an aggrieved person who files an application pursuant to
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Business and Professions Code - BPC - BPC § 11412
Business and Professions Code - BPC - BPC § 11412
(a) On or before January 1, 2002, the director shall determine the number of complaint cases containing judicial findings of fraud that may be eligible for recovery. This information shall be used by the director to determine whether a real estate appraiser Recovery Account is ne
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Business and Professions Code - BPC - BPC § 11412.2
Business and Professions Code - BPC - BPC § 11412.2
(a) In addition to the amount paid into the Recovery Account as set forth in Section 11411, the director may authorize a transfer from the Administration Account to the Recovery Account of any amount deemed necessary. (b) If the balance remaining in the Recovery Account contains
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Business and Professions Code - BPC - BPC § 11413
Business and Professions Code - BPC - BPC § 11413
(a) (1) When an aggrieved person obtains either (A) a final judgment in a court of competent jurisdiction, including, but not limited to, a criminal restitution order issued pursuant to subdivision (f) of Section 1202.4 of the Penal Code or Section 3663 of Title 18 of the United
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Business and Professions Code - BPC - BPC § 11413.1
Business and Professions Code - BPC - BPC § 11413.1
(a) The claimant shall serve a copy of the notice prescribed in subdivision (e) together with a copy of the application upon the judgment debtor by personal service, by certified mail, or by publication, as set forth in subdivision (b). (b) If the judgment debtor holds an unexpir
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Business and Professions Code - BPC - BPC § 11413.2
Business and Professions Code - BPC - BPC § 11413.2
(a) For all applications and documents submitted electronically to the bureau, the claimant or claimant’s attorney shall submit the application and supporting documentation as a single, noneditable but printable portable document format (PDF). The total file size shall not exceed
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Business and Professions Code - BPC - BPC § 11413.3
Business and Professions Code - BPC - BPC § 11413.3
(a) The response by a judgment debtor shall contain a verification that a copy of the response was sent to the claimant or, if the claimant is represented by an attorney, to the claimant’s attorney, at the address specified in the application for the claimant or their attorney. (
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Business and Professions Code - BPC - BPC § 11413.4
Business and Professions Code - BPC - BPC § 11413.4
(a) A judgment debtor who has filed a response objecting to payment to a claimant from the Recovery Account may submit a written argument setting forth in detail the factual and legal bases, including all supporting documentation, upon which they believe the application should be
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Business and Professions Code - BPC - BPC § 11414
Business and Professions Code - BPC - BPC § 11414
(a) If the bureau determines that the application as submitted by the claimant fails to comply substantially with the requirements of Section 11413 or with the requirements of a regulation adopted by the chief under authority of Section 11313, the bureau shall, within 45 days aft
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Business and Professions Code - BPC - BPC § 11414.1
Business and Professions Code - BPC - BPC § 11414.1
(a) An application for payment from the Recovery Account shall be made on a form prescribed by the bureau, shall contain the items specified by subdivision (c) of Section 11413, and shall contain all of the information specified in Section 11414.2, except as provided in subdivisi
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Business and Professions Code - BPC - BPC § 11414.2
Business and Professions Code - BPC - BPC § 11414.2
Except as provided in Section 11414.1, an application for payment from the Recovery Account is “substantially complete” within the meaning of subdivision (b) of Section 11414 if it contains and complies with all of the following: (a) Proof that the judgment debtor was served with
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Business and Professions Code - BPC - BPC § 11415
Business and Professions Code - BPC - BPC § 11415
(a) The bureau shall render a final written decision on the application within 180 days after a completed application has been received unless the claimant agrees in writing to extend the time within which the bureau may render a decision. (b) The bureau may deny or grant the app
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Business and Professions Code - BPC - BPC § 11415.1
Business and Professions Code - BPC - BPC § 11415.1
(a) If the bureau mailed one or more itemized lists of deficiencies to a claimant as provided by subdivision (a) of Section 11414, and if, after an unreasonable length of time the bureau has received no response to the latest list of deficiencies, the bureau may notify the claima
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Business and Professions Code - BPC - BPC § 11416
Business and Professions Code - BPC - BPC § 11416
(a) In its consideration and investigation of an application, the bureau shall have recourse to all appropriate means of investigation and discovery available to it under Article 2 (commencing with Section 11180) of Chapter 2 of Part 1 of Division 3 of Title 2 of the Government C
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Business and Professions Code - BPC - BPC § 11417
Business and Professions Code - BPC - BPC § 11417
(a) The bureau shall give notice of a decision rendered with respect to the application to the claimant and to a judgment debtor pursuant to Section 11413.1. (b) If the application is denied, the notice to the claimant and judgment debtor shall include the following: “Claimant’s
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Business and Professions Code - BPC - BPC § 11417.1
Business and Professions Code - BPC - BPC § 11417.1
(a) If the decision of the bureau is to make a payment out of the Recovery Account and the judgment debtor files a writ of mandamus as provided in subdivision (c) of Section 11417, no payment shall be made of the pending application unless and until the writ of mandamus has been
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Business and Professions Code - BPC - BPC § 11417.2
Business and Professions Code - BPC - BPC § 11417.2
If, at any time prior to the rendering of a decision on an application, the bureau makes a preliminary determination that the aggregate valid applications of all aggrieved persons against that licensee are likely to exceed the limits of liability in Section 11418, the bureau shal
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Business and Professions Code - BPC - BPC § 11417.3
Business and Professions Code - BPC - BPC § 11417.3
(a) A claimant against whom the bureau has rendered a decision denying an application pursuant to Section 11413 may, within six months after the mailing of the notice of the denial, file a verified application in superior court for an Order Directing Payment Out of the Recovery A