Should someone in California act in the capacity of a real estate salesperson without being licensed under the California licensing laws, that individual cannot receive any compensation for such acts. Section 10132 of the Code defines a real estate salesperson and the acts requiring licensure and employment by a real estate broker.
If an unlicensed person DOES act as a real estate salesperson or broker, he or she will be penalized under the law.
In addition to the unlicensed person being held accountable, if a broker has ALLOWED this person to operate under him and compensated this person for performing real estate activities that BY LAW require the person to possess a license, then that broker will ALSO be disciplined under the law. The Commissioner may impose a fine against any real estate broker who is found in a disciplinary hearing to have compensated an unlicensed person for performing such activities without a license. In addition, if said broker has compensated the non-licensed for the activities for which he is not licensed, that broker is guilty of a misdemeanor and may also be fined by the courts, under Sections 10138, 10139, 10139.5 of the Code.
No. | Subject | Date | Views |
---|---|---|---|
Notice | 부동산 용어사전 | 2019.04.15 | 2202 |
Notice | 부동산 용어 (A to Z) | 2019.03.03 | 1440 |
231 | SAMPLE EXPRESSION FOR ROUTE | 2022.09.05 | 143 |
230 | Law 3 | 2019.05.03 | 143 |
229 | Chapter 27 Conclusion | 2019.03.27 | 143 |
228 | Exam Essentials | 2019.03.01 | 143 |
227 | TEST 11 | 2019.03.06 | 142 |
226 | Course Outline | 2019.02.27 | 142 |
225 | Real Estate Law 90 | 2019.05.16 | 141 |
224 | Chapter 2 Review (4) | 2019.05.04 | 140 |
223 | Chapter 7 (TEST) | 2019.03.04 | 140 |
222 | Real Estate Law 105 | 2019.05.17 | 139 |
221 | Irvine Rankings for living | 2020.02.27 | 138 |
220 | Real Estate Law 7 | 2019.05.05 | 138 |
219 | Non Surgical Hair Replacement for women and men San Diego, CA (San Diego County) | 2022.09.01 | 137 |
218 | TEST 26 | 2019.03.27 | 137 |
217 | Law 4 | 2019.05.03 | 136 |
216 | Real Estate Law 5 | 2019.05.04 | 135 |
215 | TEST 24 | 2019.03.27 | 135 |
214 | disinterested person | 2019.05.22 | 134 |
213 | Chapter 25 Conclusion | 2019.03.27 | 134 |
212 | TEST 21 | 2019.03.25 | 133 |
211 | Chapter 4 Quiz | 2019.04.13 | 131 |
» | Acting Without a License | 2019.02.28 | 131 |
209 | Real Estate Law 11 | 2019.05.05 | 130 |
208 | Streets of Orange County named after people: | 2018.11.14 | 130 |
207 | Real Estate Practice - 36 (Understanding-Answers) | 2019.04.29 | 129 |
206 | Natural Hazards Disclosure Act | 2019.04.01 | 128 |
205 | Settlement-Statement Worksheet | 2019.03.27 | 128 |
204 | TEST 20 | 2019.03.25 | 128 |
203 | Law 6 | 2019.05.03 | 127 |
202 | Chapter 7 Conclusion | 2019.04.14 | 127 |