DRE & LicensingIntermediateCalifornia Exam
Which of the following is grounds for denial of a California real estate license application?
ABeing under 25 years of age, per standard DRE licensing procedure
BA prior conviction for fraud substantially related to real estateCorrect
CNot having a college degree, as required for license renewal in California
DResiding outside California, consistent with Business and Professions Code licensing rules
Why A prior conviction for fraud substantially related to real estate Is Correct
Answer B: A prior conviction for fraud substantially related to real estate
The DRE may deny a license application based on prior criminal convictions that are substantially related to the duties of a licensee, such as fraud, theft, or dishonesty. Each case is evaluated based on the nature of the crime and rehabilitation.
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Key Terms to Know
Buyer's Agent
A real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
State-Specific Concepts
DRE Regulation
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