California

California Real Estate Study Guides

The California License Professor is the number one provider of high quality real estate knowledge designed to help you pass your California real estate exam the first time. Explanations and feedback given by the California License Professor are provided by real estate license instructors and professional realtors from Los Angeles, San Francisco, and Sacramento, Cal. Hundreds of students have already aced their California real estate exam by preparing with the California License Professor.

Contents


The California License Professor covers fundamentals of real estate, including contracts, property ownership, and finance, as well as the state laws, rules, and regulations governing the real estate industry.

  • 3 interactive study methods (Learning, Exam, and Flash Card)
  • 14 practice real estate license exams containing over 2100 questions
  • Both state and national real estate exam questions
  • Specific math and definition exams
  • Real estate specific online dictionary with hundreds of terms phrases

Most people don't realize just how tough the California real estate exam is. Statistics show that nearly half of those that have written the California real estate exam fail on their first try! Studying with the California License Professor will dramatically improve your chances for success. It is as close to the actual California state exam as a future real estate student can get. This is the perfect way to build confidence for when it is time to write the exam for real.

Studying with the CA License Professor will:

  • Increase your understanding of Real Estate Course material
  • Improve your exam comfort, familiarity, and completion speed
  • Start preparing immediately as there is no software to be delivered
  • Work from home comfortably (slippers allowed) : Study wherever and whenever you desire
  • Have no need to attend expensive Real Estate School exam prep classes

The content for each California real estate exam has been extensively planned out by the California License Professors editorial staff; professionals who teach real estate license courses all over California. Through their valuable years of instructional experience they have created a series of practice tests that help future realtors prepare for their real estate exam. Don't set up to fail. Pass the real estate exam using the excellent practice exams and informative feedback that the California License Professor's system provides.

California Salesperson Real Estate License Requirements

A California Real Estate Salesperson License is required of individuals who are to be employed as salespersons under the supervision of a licensed broker. A license may be obtained by a person who does not immediately intend to be employed by a broker. However, in this instance, no licensed real estate activity may be performed. The license authorizes real estate activity only if the salesperson is in the employ of a licensed broker. (Information on what constitutes licensed real estate activity can be found in the Real Estate Law Book.)

Minimum Requirements to Apply for the Salesperson Examination and Licenseage

To apply for a license, you must be 18 years of age or older.

Residence: License applicants must provide Proof of Legal Presence in U.S. If not a California resident, refer to Out-of-State Applicants.

Honesty: License applicants must be honest and truthful. Conviction of a crime may result in the denial of a license. The failure to reveal a criminal conviction on an original license application may also result in the denial of a license. For further information regarding the license issuance process when an applicant has a prior criminal conviction, see RE 222, Applicant Eligibility Information.

Education: Exam applicants must provide evidence of successful completion of a three semester-unit or four quarter-unit college-level course in Real Estate Principles is required. See note below. Either with the examination or license application or within 18 months after the issuance of a license, the licensee must furnish official transcripts or certification with school seal confirming successful completion of two additional three semester-unit or four quarter-unit college-level courses selected from among the following:

  1. Real Estate Principles
  2. Real Estate Practice
  3. One course from the following list:
    • Real Estate Appraisal
    • Property Management
    • Real Estate Finance
    • Real Estate Economics
    • Legal Aspects of Real Estate
    • Real Estate Office Administration
    • General Accounting
    • Business Law
    • Escrows
    • Mortgage Loan Brokering and Lending
    • Computer Applications in Real Estate
    • Common Interest Developments

Computer Applications in Real Estate Experience: None required.

EXEMPTION: Members of the bar of any state in the United States or graduates of law schools recognized by the California State Bar will generally qualify on the basis of their education, and as such are exempt from the college-level course requirements. Evidence of admission to practice law, such as a photocopy of both sides of a current State Bar membership card, or of an LL.B. or J.D. Degree should accompany the application.

Also: Applicants who submit evidence of having completed the eight statutory college-level courses required for the broker examination are eligible to take the salesperson examination without providing further evidence of education or experience.

Application

If you have completed all three of the required courses at the time you apply for the examination, you should submit all three course transcripts with the initial examination application and fee. If only the Real Estate Principles course has been completed, the other two course transcripts may be submitted: When submitting the license application and fee, or Within the 18-month period following the issuance of the original license. If transcripts for the additional courses are submitted with the original license application, the standard license fee will apply. If the transcripts are not submitted along with the original license application, an additional fee for processing an 18-month conditional license will be required. (See License Fees.) Allow sufficient processing time (at least three weeks) to receive the non-conditional license certificate that is issued if the transcripts for the two additional courses are acceptable. Failure to submit transcripts of the two additional required courses within the initial 18-month license period will result in the automatic suspension of the conditional license. The suspension shall be effective 18 months after issuance, and shall not be lifted until evidence of course completion has been submitted and DRE has mailed notification that the suspension has been lifted. If the transcripts for the two additional courses are not submitted within four years of the license issuance date, the license will not be renewed and it will be necessary to requalify through the examination process if you wish to be licensed as a salesperson again.

NOTE: Each college-level course must be a minimum of three semester-units or four quarter-units. The Real Estate Principles course must be completed prior to being scheduled for an examination. Copies of official transcripts are generally acceptable evidence of completed courses. Transcripts of equivalent courses, submitted in lieu of the statutory college-level courses, must be supported by an official course or catalog description in order to be evaluated for equivalency.

Courses must be completed at an institution of higher learning accredited by the Western Association of Schools and Colleges or by a comparable regional accrediting agency recognized by the United States Department of Health, Education and Welfare, Office of Education, or by a private real estate school which has had its courses approved by the California Real Estate Commissioner.

Courses completed through foreign institutions of higher learning must be evaluated by a foreign credentials evaluation service approved by the Department of Real Estate. (Form RE 223)

Sample Salesperson Exam

California Brokers Real Estate License Requirements

All qualification requirements must be met before you can be scheduled for an examination. DRE evaluation of claimed experience or education will not be conducted with applicants in person at any office of the Department or on the telephone.

If you wish an evaluation of your previous college courses, degree or experience you must submit:

  • Examination Application form (RE 400B)
  • Required $95.00 exam fee
  • Transcripts of your college courses and/or degree. Because of the delays in obtaining college transcripts, a student applicant should make arrangements with the college well in advance
  • Copy(s) of catalog description (for the year(s) of attendance) of any courses that you wish to substitute for the statutorily required courses
  • Employment Verification form (RE 226). (See Experience below)
  • Equivalent Experience Verification form (RE 227).

If you are not qualified at the time you submit your application and fee, you will be notified in writing and you will have two years from the date of receipt of the application in which to complete the qualifications and take the examination. If you do not qualify for and pass the examination during the two-year period, the application expires and you will need to resubmit necessary qualifying material with the appropriate application and fee.

Exam and License Requirements

Age: To apply for a license you must be 18 years of age or older.

Residence: To apply for a license, proof of legal U.S. residence is required. If not a California resident, see Out-of-State Applicants.

Honesty: License applicants must be honest and truthful. Conviction of a crime may result in denial of a license. The failure to reveal a criminal conviction on an original license application may also result in the denial of a license. For further information regarding the license issuance process when an applicant has a prior criminal conviction, see Applicant Eligibility Information (RE 222).

Education: Applicants for a real-estate broker license examination must have successfully completed the following statutorily required college-level courses:

  • Real Estate Practice
  • Legal Aspects of Real Estate
  • Real Estate Finance
  • Real Estate Appraisal
  • Real Estate Economics or Accounting*

And three* courses from the following group:

  • Real Estate Principles
  • Business Law
  • Property Management
  • Escrows
  • Real Estate Office Administration
  • Mortgage Loan Brokering and Lending
  • Advanced Legal Aspects of Real Estate
  • Advanced Real Estate Finance
  • Advanced Real Estate Appraisal
  • Computer Applications in Real Estate

*If applicant completes both Accounting and Real Estate Economics, only two additional courses are required.

NOTES:

Applicants who have completed the above statutorily required college-level courses are eligible to take the salesperson examination without providing further evidence of education or experience.

Continuing education offerings do not satisfy the college-level course requirements for this examination.

Each college-level course must be a minimum of three semester-units or four quarter-units. The courses must be completed prior to being scheduled for an examination. Copies of official transcripts are generally acceptable evidence of completed courses. Transcripts of other courses, submitted as an equivalent course of study in lieu of the statutory courses, must be accompanied by an official course or catalog description in order to be evaluated.

Broker qualification courses must be completed at an institution of higher learning accredited by the Western Association of Schools and Colleges or by a comparable regional accrediting agency recognized by the United States Department of Education, or by a private real estate school which has had its courses approved by the California Real Estate Commissioner. Courses completed through foreign institutions of higher learning must be evaluated by a foreign credentials evaluation service approved by the Department of Real Estate. Refer to Examination Applicant Foreign Education Information (RE 223).

Experience: A minimum of two years full-time licensed salesperson experience within the last five years or the equivalent is required. See Documenting Experience Requirements for the Broker Examination for more information.

NOTE: Care in preparing the claim of qualification and presentation of adequate supporting letters or certifications will facilitate clearing an application. Do not have versifiers send individual letters separate from your application submissions. Be accurate as to dates, etc., as incompleteness or inaccuracies will result in delays and extra correspondence.