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부동산

Additional Commissioner Facts

2019.02.28 19:43 Views : 42

Additional Commissioner Facts

In order to be appointed as Commissioner, the Commissioner candidate must have served for a minimum of 5 years as a real estate broker actively engaged in the real estate business in California, OR must possess 5 years' related experience associated with real estate activity in California during the last 10 years.

The Commissioner's annual salary is paid monthly out of the State Treasury upon a warrant of the Controller. The Commissioner is also allowed actual and necessary expenses in the discharge of their duties.

The Commissioner's principal office is located in the City of Sacramento, but they are allowed to establish branch offices in the City and County of San Francisco, the City of Los Angeles, and in other cities as they may deem necessary, and with the approval of the Department of Finance.

California law states that copies of all records and papers in the Commissioner's office, which are certified under the hand and seal of the Commissioner, are to be received into evidence in all cases equally and with the same effect as the originals.

Note that in a situation in which an action or proceeding is brought by or against the Commissioner in regard to his work as such, the Attorney General will act as their attorney.

Near the end of this chapter, we will discuss the Commissioner's duties in regard to enforcing the provisions of the license law.

Let's move on to the topic of real estate licenses. When is it necessary for an individual to hold a real estate license? Obviously, someone purchasing a home for their self does not need to be licensed as a real estate broker to lawfully complete such a purchase; but, aside from that, what is legal and what is not?

On the next screen, we will begin our discussion of the situations in which an individual is required to be licensed in California real estate.

No. Subject Date Views
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Notice 부동산 용어 (A to Z) 2019.03.03 1321
81 Chapter 15 Conclusion 2019.05.17 693
80 Quiz 15 2019.05.17 8701
79 Subrogation 2019.05.22 284
78 quiet title 2019.05.22 188
77 Valuable consideration 2019.05.22 208
76 violation of the Federal Fair Housing Act 2019.05.22 263
75 ground floor handicapped accessible 2019.05.22 530
74 Exclusive agency vs Exclusive right to sell 2019.05.22 227
73 culmination 2019.05.22 150
72 discriminate 2019.05.22 177
71 requirement be restored 2019.05.22 146
70 void contract 2019.05.22 108
69 disinterested person 2019.05.22 124
68 Equitable title 2019.05.22 114
67 Property taxes in California 2019.05.22 118
66 advance 2019.05.22 269
65 Real Estate Settlement Procedures Act (RESPA) 2019.05.23 141
64 Warehousing 2019.05.24 433
63 appraiser payment 2019.05.25 149
62 If a contract for sale provides that the owner is selling his home in an "as-is" condition, then 2019.05.27 172
61 Quitclaim Deed 2019.05.27 154
60 A promissory note 2019.05.27 167
59 Associate Licensees 2019.05.27 201
58 96003 2019.05.29 158
57 Passive fraud 2019.05.31 179
56 Department of Real Estate - Commissioner 2019.06.01 159
55 Inclusionary zoning 2019.06.02 212
54 Frequently Confused Words in Practice 2019.06.05 621
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