WARNING The DRE Will Begin Broker/Office Surveys in 2013

An internal directive has been issued by the California Department of Real Estate (“DRE”) to start broker office surveys (“BOS”). The BOS will include an unannounced and unscheduled visit to brokers’ offices and include an audit of random files the DRE requests. It is anticipated that the DRE will ask to see records from different transactions or random transaction files upon the visit. Brokers need... Read Article

California Appellate Court Grants A Real Estate Broker’s License Despite Prior Criminal History

In Singh v. Davi, a California appellate court recently held that an applicant for a real estate broker’s license should not be denied a license based on prior criminal activity. Singh was born in India and became a naturalized American citizen in 1986. From 1997 until 2004, he was a police officer. He had also previously worked for the FBI in counter intelligence. Singh had... Read Article

Summary of New Statutes Affecting Real Estate Agent in 2013

Appraisers: Various procedural and administrative changes have been made to the Real Estate Appraisers Licensing and Certification Laws. Fictitious Name Statements:  Beginning January 1, 2014, a registrant filing a Fictitious Name Statement must present a form of identification to the County Clerk. Disability:  Effective January 1, 2013, attorneys cannot issue a pre-litigation demand for money to a building owner or tenant for violations of the... Read Article