DRE & LicensingIntermediateCalifornia Exam
Under what circumstances may a California real estate licensee's license be suspended or revoked?
AOnly for criminal convictions, as required for license renewal in California, under California Department of Real Estate requirements, consistent with Business and Professions Code licensing rules
BFor violations of the Real Estate Law including fraud, misrepresentation, dishonest dealings, commingling funds, and other acts of misconductCorrect
COnly if the licensee stops paying dues to the NAR, consistent with Business and Professions Code licensing rules, under California Department of Real Estate requirements, consistent with Business and Professions Code licensing rules
DOnly for DUI convictions, under California Department of Real Estate requirements, under California Department of Real Estate requirements, consistent with Business and Professions Code licensing rules
Why For violations of the Real Estate Law including fraud, misrepresentation, dishonest dealings, commingling funds, and other acts of misconduct Is Correct
Answer B: For violations of the Real Estate Law including fraud, misrepresentation, dishonest dealings, commingling funds, and other acts of misconduct
The DRE may suspend or revoke a license for a wide range of violations under the Real Estate Law (Business and Professions Code), including but not limited to: fraud, misrepresentation, dishonest dealings, commingling of trust funds, failure to supervise, and acting in a dual capacity without disclosure.
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Key Terms to Know
State-Specific Concepts
Trust Account RulesDRE Regulation
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