Section 2, Unit 3: Obtaining and Keeping a License in CA, Lesson 1:

Section 2, Unit 3: Obtaining and Keeping a License in CA, Lesson 1: California Real Estate License Requirements Flashcards

Broker Requirements: What are the requirements of the

broker license? At least 18 years?Requirement

Broker Requirements: Have a Social Security number or an

individual taxpayer identification number (ITIN) Requirement

Salesperson Requirements: The salesperson and broker

licensing requirements are slightly different. Let's make sure we understand the requirements of each. Which of these are requirements of the salesperson license?Requirement

Reciprocal Licenses: Janine is a real estate licensee in

Nevada. She'd also like to practice real estate in California.What does she need to do to accomplish this?Janine must complete the same requirements (education, examination, etc.) as a new California license applicant.

Convictions: Is it true that an applicant convicted of a crime

of moral turpitude may be denied a license?Yes, this type of conviction MAY result in license denial, but it's not a guarantee. Either way, don't lie about it. That may result in a denial, as well.Must a salesperson license meet age and education requirements?Yes, those who obtain a salesperson license must meet age and education requirements.

Broker Requirements: Has completed eight courses, as

required by California DRE?Requirement

Salesperson Requirements: Have a Social Security number

or an individual taxpayer identification number (ITIN) Requirement

Broker Requirements: Has two years' experience in real

estate Requirement John is an honest and truthful 28-year-old. He's successfully completed courses on Real Estate Practice, Real Estate Finance, Real Estate Appraisal, Legal Aspects of Real Estate, Accounting, Property Management, Escrows, and Business Law. He has an individual taxpayer identification number (ITIN), and doesn't have any convictions or child support obligations. Is he qualified to obtain a real estate broker license?No, the broker license has an experience requirement. He must have two years' experience as a real estate salesperson (or equivalent). In some situations, a four-year degree with a major or minor in real estate from an accredited college or university may be substituted for the experience.

Reciprocal Licenses: Does California have a reciprocity

agreement with other states?No, California does not have a reciprocity agreement with any other states. So licensees in other states must go through the same licensing process as a new salesperson applicant.

Child Support Obligors: Is it true that applicants delinquent

on their child support obligations may not be issued a license?True

Salesperson Requirements: Has completed eight courses,

as required by California DRE Not a requirement

Salesperson Requirements: Has two years' experience in

real estate Not a requirement

Salesperson Requirements: Has completed a total of three

courses, as required by California DRE Requirement

Child Support Obligors: Is it true that a temporary 150-day

license may be issued to an applicant who meets all other license requirements?Yes LuAnn is an honest and truthful 21-year-old. She's successfully completed courses on Real Estate Principles, Real Estate Practice, and Real Estate Finance. She has a Social Security number, doesn't have any convictions or child support obligations, and passed the California salesperson license exam with flying colors. Is she qualified to obtain a real estate salesperson license?Yes Convictions: What is moral turpitude?Defined by court as "everything done contrary to justice, honesty, modesty, or good morals"

Child Support Obligors: Is it true that court-ordered child

support payments may also affect your ability to obtain a real estate license Yes

Child Support Obligors: Is it true that applicants currently

paying child support cannot obtain a real estate license?False