Starting today, July 1, 2009, Business and Professions Code 10140.6 is now in effect. This amendment provides new disclosure requirements for real estate licensees (salespersons, brokers, etc.). The Department of Real Estate (DRE) license identification number must now be on all “solicitation materials intended to be the first point of contact with consumers.” This of course includes business cards, stationery, websites, brochur
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Compliance with Department of Real Estate regulations.
License Number Disclosure Effective Today! (July 1, 2009)
Service by Top Floor Legal in: DRE Compliance
Foreclosure Consultants in California must Register
Service by Top Floor Legal in: DRE Compliance
Attorney General Brown of California released a new directive requiring foreclosure consultants to register with his office and post a $100,000 bond. This should weed out the fly-by’s eventually, but attorneys and real estate brokers are still exempt. This may help in private enforcement if this registry is enforced. With the DRE lending its reserve to California and California in the brink of bankruptcy, we can only hope the reso
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