EstatePass
Practice Of Real Estate DisclosuresDre_regulationsEASY

A California real estate salesperson wants to upgrade to a broker license. Under Cal. B&P Code §10150.6, what is the minimum experience requirement?

Correct Answer

D) Two years of full-time real estate experience or the equivalent within the preceding five years

Cal. B&P Code §10150.6 requires a broker applicant to have held a real estate salesperson license and worked as a salesperson for at least two years within the five years immediately before the application, or to show the Commissioner at least the equivalent of two years' general real estate experience in that same five-year window. The Commissioner may treat a four-year degree whose course of study included a major or minor in real estate as the equivalent of that experience. The experience requirement is in addition to the eight statutory courses for broker applicants, so coursework alone never qualifies an applicant.

Answer Options
A
One year of full-time real estate experience or the equivalent within the preceding five years
B
No experience is required if the applicant completes the eight statutory courses
C
Five years of full-time real estate experience, with no lookback limit
D
Two years of full-time real estate experience or the equivalent within the preceding five years

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Practice Of Real Estate Disclosures Question

Sign up free to unlock full analysis

Background Knowledge for Practice Of Real Estate Disclosures

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Practice Of Real Estate Disclosures

Sign up free to unlock full analysis

Common Mistakes to Avoid on Practice Of Real Estate Disclosures Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

DREbroker_licenseexperience2_yearsBP_Code_10153.4

Related Concepts

Flood zone disclosure requires informing buyers whether a property is located in a designated flood zone as mapped by FEMA. Properties in high-risk flood zones may require mandatory flood insurance.

HOA disclosure requires informing buyers about the existence, rules, fees, financial health, and restrictions of a homeowners association governing the property. This information helps buyers understand their obligations before purchase.

The Lead-Based Paint Disclosure is a federally mandated disclosure required for all residential properties built before 1978. Sellers and landlords must disclose known lead-based paint hazards and provide the EPA pamphlet "Protect Your Family From Lead in Your Home."

Was this explanation helpful?

More Practice Of Real Estate Disclosures Questions

People Also Study

Related Articles

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing