California: Real Estate Principles Correctly Solved

The Department of Real Estate (DRE) protects the public through? - ANSWERThe enforcement of laws and requirements for salespersons' and brokers' real estate licenses. The California Real Estate Commissioner has the authority and power to do what? - ANSWERThey have the authority to investigate the actions of any person engaged in the business of a licensee in California, and has the power to deny, suspend or revoke the real estate license. What can a person who is licensed do? - ANSWER1. Negotiate the sale, 2. Purchase/exchanges of real property; 3. Offer to lease or rent; 4. Solicit listings of real estate or prospective tenants; 5. Collect any sorts of payments regarding real property. What can a person who is UNlicensed do? - ANSWERThey may only solicit for the sale of real property if it is the owner or his legal representatives. Note: Others may be penalized under the law by acting as such. A candidate for an original real estate salesperson license must be? - ANSWER1. At least 18 years old, 2. Pass a written examination, 3. And disclose any criminal violation or disciplinary action. Applicants who seek to obtain a 4-year salesperson license must? - ANSWERComplete: 1. the college-level Real Estate Principles course, 2. The Real Estate Practice course, 3. and one additional required college-level course. The applicant for an original real estate br