What is the real estate regulatory body in California quizlet?
In California, this regulatory agency is the California Bureau of Real Estate, also known as the BRE. The MAIN purpose of the California Bureau of Real Estate is to protect the public.
How do I file a complaint against a realtor?
If you believe that a REALTOR® has violated one or more Articles of the Code of Ethics, you can file an ethics complaint alleging a violation(s) through the local association of REALTORS® where the REALTOR® holds membership, or participates in a REALTOR® association-owned/operated MLS.
What capacity does the commissioner serve in California?
In which of the following capacities does the Commissioner serve in California? As the chief executive of the Bureau of Real Estate. The Commissioner serves as both the chairperson of the State Department of Justice, and the chief executive of the Bureau of Real Estate.
Who many times can a person retake a real estate license examination quizlet?
How many times can a person retake a real estate license examination? An unlimited amount. You just studied 21 terms!
What is the major difference between an estate for years and an estate from period to period?
An ESTATE FOR YEARS is a lease for a fixed period of time, agreed to in advance. An ESTATE FROM PERIOD-TO-PERIOD is a renewable agreement to rent or lease a property for a period of time, where the rental or lease amount is fixed at an agreed to sum per week, month, or year.
What does the California real estate Commissioner do?
The Commissioner’s Role
To facilitate the administration and enforcement of the Real Estate Law and the Subdivided Lands Law, the Commissioner is empowered by law to issue regulations. Known as the Regulations of the Real Estate Commissioner, these have the force and effect of law.
What is the California Department of Real Estate responsible for?
The California Department of Real Estate (DRE) is a California state agency focused on safeguarding and promoting the public interest in real estate matters through licensure, regulation, education, and enforcement.
Is real estate a good career?
Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.
What is the most common complaint filed against realtors?
Unfortunately, litigation and licensing complaints against real estate professionals are exponentially increasing.
Most Common Complaints
- Incomplete and duplicate contracts.
- No permits.
- Easement errors.
- Mineral rights.
- Failure to review or recommend survey.
- Contract drafting.
- Failure to review title.
- Loss of earnest money.
What happens if a realtor violates the code of ethics?
The NAR Code of Ethics sets the standard for Realtor business practices. … If a Realtor violates the code of ethics, a complaint can be filed and disciplinary action is taken by the Realtor’s local Realtor association. In practice, Realtors are required to abide by the Code of Ethics as a way of doing business.
How do you deal with a rude real estate agent?
When They Bite Back: How Real Estate Agents Can Deal with Rude People
- Don’t let it get to you.
- Always be diplomatic.
- Leave a paper trail.
- Don’t publicize bad behavior.
- Don’t push.
- Don’t take things personally.
- Be genuine.
- Take pride in the smallest achievements.