It is believed that citizens have come to realize this and fudge their returns. You think?. There is a proposal to give IRS an extra $80B this year and recoup over $700B dollars from wayward citizens. A 900% return on the investment. Sounds good to me. With all the new changes there is so little […]
DRE wants to remind licensees about the important California laws intended to address housing discrimination. Must be important because DRE has issued only one other alert in the past 19 months. The laws that they are addressing include the Unruh Civil Rights Act, FEHA, and Holden. They also reference Commissioner’s Regulation 2780, panic selling and […]
Renewal Requirements RE SALES AND BROKER: Complete 45 hours of CE Details Here NOTARY: Complete 3 hours of CE Details Here If you have any questions, comments, recommendations, complaints, or just want to talk, call 800-439-4909, or email [email protected].
Requirements MLO: Complete a 20 Hour NMLS approved Mortgage Lending Course and pass a 125 question exam. Details HereREAL ESTATE SALES: Complete 3 college levels courses and pass a 150 question exam. Details Here REAL ESTATE BROKER: Complete 3 more college […]
Senate Bill 263 Since 1978 Real Estate Licensees must complete 45 Hours of Continuing Education to renew their four year licenses. After a few years the DRE started to require specific classes to be part of the 45 hours. To date there are six three hour classes that must be finished by each student. The […]
Assembly Bill 1885 Assembly Bill 1885 expanded the homestead equity protection limits in California from the previous amounts of $75,000 to $175,000. The new increases should likely prevent more homeowners from losing their homes to bankruptcy. High-cost LA and Orange County, for example, will fall into the equity cap of $600,000 while Riverside County will […]
Exemption Particulars Many years ago the California Association of Realtors prevailed on the State legislators to pass an exemption to the regulation requiring real estate licensees renewing a license to complete 45 hours of Continuing Education. This regulation is still in effect today. The exemption: California Business & Professions Code 10170.8 states that the provisions […]
DBO to DFPI On July 13, 2013 the Department of Corporations’ name was changed to the Department of Business Oversight and the Department of Real Estate was changed to the Bureau of Real Estate. On July 1, 2018 the name of the Bureau of Real Estate was changed back to the Department of Real Estate. […]
Elite Eight Our local conference had four teams in the ELITE EIGHT. Unbelievable. And UCLA is still playing as I write this. Also, in the ELITE EIGHT there was only one school located east of the Mississippi. In the last NCAA Tourney the Pac 12 had one team in the Sweet Sixteen and none in […]
