CALIFORNIA REAL ESTATE EXAM PREPARATION
NOTES 2026
◉ CalDRE. Answer: California Department of Real Estate, formerly
the Bureau of Real Estate, or CalBRE
◉ Real Estate Commissioner. Answer: Appointed by the governor
and is compensated. Must be a practicing real estate broker for at
least 5 years. Determines policy, issues regulations to enforce law.
They are the Chief executive officer of CALDRE
◉ Real Estate Advisory Commission. Answer: 10 members. 6
licensed real estate brokers, 4 non-Licensed. Not compensated &
appointed by the commissioner to discuss and suggest policies
◉ MOG (Mineral Oil and Gas licenses). Answer: Brokers or
salespersons may perform activities related to MOG. Sell, purchase,
exchange, lease, collet rent.
◉ What can't unlicensed assistants do?. Answer: They cannot show
listings, solicit public to use the brokerage's services, Host open
houses, negotiate.
They can do paperwork, assemble documents, schedule
appointments, provide factual information about listing.
,◉ Real Estate Brokerage. Answer: Business where real estate
activity's are performed, must have At least one licensed Broker
◉ Common Ownership Structures for Brokerages. Answer: Sole
proprietor, partnership, corporation
◉ Associate Broker. Answer: also called a broker-associate, is a
person who holds a real estate broker license, but is employed by,
and works under the supervision of, a broker of record
◉ Activity's requiring a license. Answer: Any Real estate activity's
that you will be paid for. You can sell your neighborhoods house
without a license as long as you do not receive a incentive.
◉ Exemptions from real estate liscences. Answer: These activities do
not require a license, real estate activity's on their own behalf (for
sale by owner) Escrow agents, selling real property under a deed or
trust, attorney with legal services, apartment management
◉ Expired Real Estate License. Answer: Expired for less than 2
years- must complete continuing education, pay renewal fee (pay
late fee if late)
, Expired more than 2 years- complete pre licensing courses and pass
exam
◉ How long are Salespeople and broker license's valid for?. Answer:
4 years, to renew you must complete continuing education (45
hours), submit a renewal application, pay a renewal fee
◉ Exemption to license renewal. Answer: 70 years or older and in
good standing for 30 consecutive years
◉ Real Estate salesperson License requirement. Answer: Must be 18
years old, complete pre licensing and pass exam
◉ Broker License Requirements. Answer: Must be at least 18 years
old, must have 2 years experience as a full time salesperson ,
complete pre licensing course and pass the
◉ Activities requiring a license. Answer: Selling, buying, leasing,
exchanging, listing properties (or offering to)
Negotiating a sale, purchase, or exchange of real property
Soliciting buyers, sellers, tenants, landlords, and listings
NOTES 2026
◉ CalDRE. Answer: California Department of Real Estate, formerly
the Bureau of Real Estate, or CalBRE
◉ Real Estate Commissioner. Answer: Appointed by the governor
and is compensated. Must be a practicing real estate broker for at
least 5 years. Determines policy, issues regulations to enforce law.
They are the Chief executive officer of CALDRE
◉ Real Estate Advisory Commission. Answer: 10 members. 6
licensed real estate brokers, 4 non-Licensed. Not compensated &
appointed by the commissioner to discuss and suggest policies
◉ MOG (Mineral Oil and Gas licenses). Answer: Brokers or
salespersons may perform activities related to MOG. Sell, purchase,
exchange, lease, collet rent.
◉ What can't unlicensed assistants do?. Answer: They cannot show
listings, solicit public to use the brokerage's services, Host open
houses, negotiate.
They can do paperwork, assemble documents, schedule
appointments, provide factual information about listing.
,◉ Real Estate Brokerage. Answer: Business where real estate
activity's are performed, must have At least one licensed Broker
◉ Common Ownership Structures for Brokerages. Answer: Sole
proprietor, partnership, corporation
◉ Associate Broker. Answer: also called a broker-associate, is a
person who holds a real estate broker license, but is employed by,
and works under the supervision of, a broker of record
◉ Activity's requiring a license. Answer: Any Real estate activity's
that you will be paid for. You can sell your neighborhoods house
without a license as long as you do not receive a incentive.
◉ Exemptions from real estate liscences. Answer: These activities do
not require a license, real estate activity's on their own behalf (for
sale by owner) Escrow agents, selling real property under a deed or
trust, attorney with legal services, apartment management
◉ Expired Real Estate License. Answer: Expired for less than 2
years- must complete continuing education, pay renewal fee (pay
late fee if late)
, Expired more than 2 years- complete pre licensing courses and pass
exam
◉ How long are Salespeople and broker license's valid for?. Answer:
4 years, to renew you must complete continuing education (45
hours), submit a renewal application, pay a renewal fee
◉ Exemption to license renewal. Answer: 70 years or older and in
good standing for 30 consecutive years
◉ Real Estate salesperson License requirement. Answer: Must be 18
years old, complete pre licensing and pass exam
◉ Broker License Requirements. Answer: Must be at least 18 years
old, must have 2 years experience as a full time salesperson ,
complete pre licensing course and pass the
◉ Activities requiring a license. Answer: Selling, buying, leasing,
exchanging, listing properties (or offering to)
Negotiating a sale, purchase, or exchange of real property
Soliciting buyers, sellers, tenants, landlords, and listings
