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Acting Without a License

2019.02.28 20:51 Views : 1152

Acting Without a License

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
70 What Is Land? 2019.03.02 963
69 TEST 4 - Correction 2019.03.02 1556
68 Chapter 4 - TEST 2019.03.02 1206
67 Chapter 3 TEST (2nd) 2019.03.02 1213
66 Chapter 3 TEST 2019.03.02 1169
65 Exam Essentials 2019.03.01 1100
64 Chapter 2 Test 2019.03.01 1131
63 Chapter 2 Conclusion 2019.03.01 1119
62 Elective Broker Courses 2019.02.28 962
61 Mandatory Broker Courses 2019.02.28 907
60 Original Real Estate Broker License 2019.02.28 910
59 Educational Requirements for Salesperson Applicants 2019.02.28 899
58 Original Salesperson License Requirements 2019.02.28 1105
57 Original Salesperson License 2019.02.28 1227
» Acting Without a License 2019.02.28 1152
55 Exemptions from License Requirements 2019.02.28 1214
54 Managers and Employees Exempt From Licensing Law 2019.02.28 903
53 When a Real Estate License is Required 2019.02.28 921
52 Additional Commissioner Facts 2019.02.28 889
51 Commissioner's Specific Responsibilities 2019.02.28 905
50 The California Real Estate Commissioner 2019.02.28 1068
49 The California Department of Real Estate 2019.02.28 1170
48 Chapter(2) Overview 2019.02.28 1126
47 Quiz (1) 2019.02.28 1149
46 CHAPTER 1 file 2019.02.27 1131
45 Internet Advertising Regulations & DRE's Regulations 2019.02.27 2199
44 The California Department of Real Estate 2019.02.27 908
43 Real Estate License Laws and the Real Estate Commission 2019.02.27 1181
42 Course Outline 2019.02.27 1091
41 Course Objectives 2019.02.27 1113