CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1732Introduced by Committee on Business and Professions (Assembly Members Low (Chair), Brough (Vice Chair), Arambula, Bloom, Chiu, Dahle, Grayson, Holden, Irwin, Mullin, Steinorth, and Ting)April 24, 2017 An act to amend Sections 10050.1, 10150.6, and 10225 of the Business and Professions Code, relating to real estate. LEGISLATIVE COUNSEL'S DIGESTAB 1732, as introduced, Committee on Business and Professions. Bureau of Real Estate.Existing law, the Real Estate Law, establishes the Bureau of Real Estate within the Department of Consumer Affairs for the licensure and regulation of real estate brokers and real estate salespersons. That law provides that the term Department of Real Estate means the Bureau of Real Estate.This bill would make nonsubstantive changes to correct references to the bureau in various provisions of the law.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 10050.1 of the Business and Professions Code is amended to read:10050.1. Protection of the public shall be the highest priority for the Department Bureau of Real Estate in exercising its licensing, regulatory, and disciplinary functions. Whenever the protection of the public is inconsistent with other interests sought to be promoted, the protection of the public shall be paramount.SEC. 2. Section 10150.6 of the Business and Professions Code is amended to read:10150.6. (a) In addition to satisfying the other requirements of this article, and except as provided in subdivisions (b) and (c), an applicant for an original real estate brokers license shall demonstrate to the Real Estate Commissioner that he or she has held a real estate salespersons license for at least two years and qualified for the renewal of his or her real estate salesperson status, within the five-year period immediately prior to the date of his or her application for the brokers license, and during such time was actively engaged in the business of real estate salesperson.(b) An applicant for a real estate brokers license having at least the equivalent of two years general real estate experience may file a written petition with the Department Bureau of Real Estate setting forth his or her qualifications and experience, and, if the commissioner approves, he or she may be issued a real estate brokers license immediately upon passing the examination and satisfying the other requirements of this article.(c) In considering a petition described in subdivision (b), the commissioner may treat a degree from a four-year college or university, which course of study included a major or minor in real estate, as the equivalent of two years general real estate experience.SEC. 3. Section 10225 of the Business and Professions Code is amended to read:10225. An application for a permit to sell real property securities secured by liens on real property situated outside the State of California shall be accompanied by the filing fee together with an amount equivalent to twenty-five cents ($0.25) a mile for each mile going and returning, or where public transportation is available the actual round trip fare pertaining thereto, estimated by the commissioner to be traveled from the office of the Department Bureau of Real Estate where the application is filed to the location of the property, and the amount estimated to be necessary to cover the expense of the inspection and appraisal of the property, not to exceed seventy-five dollars ($75) a day for each day actually spent in the inspection and appraisal of the property or properties.
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1732Introduced by Committee on Business and Professions (Assembly Members Low (Chair), Brough (Vice Chair), Arambula, Bloom, Chiu, Dahle, Grayson, Holden, Irwin, Mullin, Steinorth, and Ting)April 24, 2017 An act to amend Sections 10050.1, 10150.6, and 10225 of the Business and Professions Code, relating to real estate. LEGISLATIVE COUNSEL'S DIGESTAB 1732, as introduced, Committee on Business and Professions. Bureau of Real Estate.Existing law, the Real Estate Law, establishes the Bureau of Real Estate within the Department of Consumer Affairs for the licensure and regulation of real estate brokers and real estate salespersons. That law provides that the term Department of Real Estate means the Bureau of Real Estate.This bill would make nonsubstantive changes to correct references to the bureau in various provisions of the law.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Assembly Bill No. 1732
Introduced by Committee on Business and Professions (Assembly Members Low (Chair), Brough (Vice Chair), Arambula, Bloom, Chiu, Dahle, Grayson, Holden, Irwin, Mullin, Steinorth, and Ting)April 24, 2017
Introduced by Committee on Business and Professions (Assembly Members Low (Chair), Brough (Vice Chair), Arambula, Bloom, Chiu, Dahle, Grayson, Holden, Irwin, Mullin, Steinorth, and Ting)
April 24, 2017
An act to amend Sections 10050.1, 10150.6, and 10225 of the Business and Professions Code, relating to real estate.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 1732, as introduced, Committee on Business and Professions. Bureau of Real Estate.
Existing law, the Real Estate Law, establishes the Bureau of Real Estate within the Department of Consumer Affairs for the licensure and regulation of real estate brokers and real estate salespersons. That law provides that the term Department of Real Estate means the Bureau of Real Estate.This bill would make nonsubstantive changes to correct references to the bureau in various provisions of the law.
Existing law, the Real Estate Law, establishes the Bureau of Real Estate within the Department of Consumer Affairs for the licensure and regulation of real estate brokers and real estate salespersons. That law provides that the term Department of Real Estate means the Bureau of Real Estate.
This bill would make nonsubstantive changes to correct references to the bureau in various provisions of the law.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 10050.1 of the Business and Professions Code is amended to read:10050.1. Protection of the public shall be the highest priority for the Department Bureau of Real Estate in exercising its licensing, regulatory, and disciplinary functions. Whenever the protection of the public is inconsistent with other interests sought to be promoted, the protection of the public shall be paramount.SEC. 2. Section 10150.6 of the Business and Professions Code is amended to read:10150.6. (a) In addition to satisfying the other requirements of this article, and except as provided in subdivisions (b) and (c), an applicant for an original real estate brokers license shall demonstrate to the Real Estate Commissioner that he or she has held a real estate salespersons license for at least two years and qualified for the renewal of his or her real estate salesperson status, within the five-year period immediately prior to the date of his or her application for the brokers license, and during such time was actively engaged in the business of real estate salesperson.(b) An applicant for a real estate brokers license having at least the equivalent of two years general real estate experience may file a written petition with the Department Bureau of Real Estate setting forth his or her qualifications and experience, and, if the commissioner approves, he or she may be issued a real estate brokers license immediately upon passing the examination and satisfying the other requirements of this article.(c) In considering a petition described in subdivision (b), the commissioner may treat a degree from a four-year college or university, which course of study included a major or minor in real estate, as the equivalent of two years general real estate experience.SEC. 3. Section 10225 of the Business and Professions Code is amended to read:10225. An application for a permit to sell real property securities secured by liens on real property situated outside the State of California shall be accompanied by the filing fee together with an amount equivalent to twenty-five cents ($0.25) a mile for each mile going and returning, or where public transportation is available the actual round trip fare pertaining thereto, estimated by the commissioner to be traveled from the office of the Department Bureau of Real Estate where the application is filed to the location of the property, and the amount estimated to be necessary to cover the expense of the inspection and appraisal of the property, not to exceed seventy-five dollars ($75) a day for each day actually spent in the inspection and appraisal of the property or properties.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 10050.1 of the Business and Professions Code is amended to read:10050.1. Protection of the public shall be the highest priority for the Department Bureau of Real Estate in exercising its licensing, regulatory, and disciplinary functions. Whenever the protection of the public is inconsistent with other interests sought to be promoted, the protection of the public shall be paramount.
SECTION 1. Section 10050.1 of the Business and Professions Code is amended to read:
### SECTION 1.
10050.1. Protection of the public shall be the highest priority for the Department Bureau of Real Estate in exercising its licensing, regulatory, and disciplinary functions. Whenever the protection of the public is inconsistent with other interests sought to be promoted, the protection of the public shall be paramount.
10050.1. Protection of the public shall be the highest priority for the Department Bureau of Real Estate in exercising its licensing, regulatory, and disciplinary functions. Whenever the protection of the public is inconsistent with other interests sought to be promoted, the protection of the public shall be paramount.
10050.1. Protection of the public shall be the highest priority for the Department Bureau of Real Estate in exercising its licensing, regulatory, and disciplinary functions. Whenever the protection of the public is inconsistent with other interests sought to be promoted, the protection of the public shall be paramount.
10050.1. Protection of the public shall be the highest priority for the Department Bureau of Real Estate in exercising its licensing, regulatory, and disciplinary functions. Whenever the protection of the public is inconsistent with other interests sought to be promoted, the protection of the public shall be paramount.
SEC. 2. Section 10150.6 of the Business and Professions Code is amended to read:10150.6. (a) In addition to satisfying the other requirements of this article, and except as provided in subdivisions (b) and (c), an applicant for an original real estate brokers license shall demonstrate to the Real Estate Commissioner that he or she has held a real estate salespersons license for at least two years and qualified for the renewal of his or her real estate salesperson status, within the five-year period immediately prior to the date of his or her application for the brokers license, and during such time was actively engaged in the business of real estate salesperson.(b) An applicant for a real estate brokers license having at least the equivalent of two years general real estate experience may file a written petition with the Department Bureau of Real Estate setting forth his or her qualifications and experience, and, if the commissioner approves, he or she may be issued a real estate brokers license immediately upon passing the examination and satisfying the other requirements of this article.(c) In considering a petition described in subdivision (b), the commissioner may treat a degree from a four-year college or university, which course of study included a major or minor in real estate, as the equivalent of two years general real estate experience.
SEC. 2. Section 10150.6 of the Business and Professions Code is amended to read:
### SEC. 2.
10150.6. (a) In addition to satisfying the other requirements of this article, and except as provided in subdivisions (b) and (c), an applicant for an original real estate brokers license shall demonstrate to the Real Estate Commissioner that he or she has held a real estate salespersons license for at least two years and qualified for the renewal of his or her real estate salesperson status, within the five-year period immediately prior to the date of his or her application for the brokers license, and during such time was actively engaged in the business of real estate salesperson.(b) An applicant for a real estate brokers license having at least the equivalent of two years general real estate experience may file a written petition with the Department Bureau of Real Estate setting forth his or her qualifications and experience, and, if the commissioner approves, he or she may be issued a real estate brokers license immediately upon passing the examination and satisfying the other requirements of this article.(c) In considering a petition described in subdivision (b), the commissioner may treat a degree from a four-year college or university, which course of study included a major or minor in real estate, as the equivalent of two years general real estate experience.
10150.6. (a) In addition to satisfying the other requirements of this article, and except as provided in subdivisions (b) and (c), an applicant for an original real estate brokers license shall demonstrate to the Real Estate Commissioner that he or she has held a real estate salespersons license for at least two years and qualified for the renewal of his or her real estate salesperson status, within the five-year period immediately prior to the date of his or her application for the brokers license, and during such time was actively engaged in the business of real estate salesperson.(b) An applicant for a real estate brokers license having at least the equivalent of two years general real estate experience may file a written petition with the Department Bureau of Real Estate setting forth his or her qualifications and experience, and, if the commissioner approves, he or she may be issued a real estate brokers license immediately upon passing the examination and satisfying the other requirements of this article.(c) In considering a petition described in subdivision (b), the commissioner may treat a degree from a four-year college or university, which course of study included a major or minor in real estate, as the equivalent of two years general real estate experience.
10150.6. (a) In addition to satisfying the other requirements of this article, and except as provided in subdivisions (b) and (c), an applicant for an original real estate brokers license shall demonstrate to the Real Estate Commissioner that he or she has held a real estate salespersons license for at least two years and qualified for the renewal of his or her real estate salesperson status, within the five-year period immediately prior to the date of his or her application for the brokers license, and during such time was actively engaged in the business of real estate salesperson.(b) An applicant for a real estate brokers license having at least the equivalent of two years general real estate experience may file a written petition with the Department Bureau of Real Estate setting forth his or her qualifications and experience, and, if the commissioner approves, he or she may be issued a real estate brokers license immediately upon passing the examination and satisfying the other requirements of this article.(c) In considering a petition described in subdivision (b), the commissioner may treat a degree from a four-year college or university, which course of study included a major or minor in real estate, as the equivalent of two years general real estate experience.
10150.6. (a) In addition to satisfying the other requirements of this article, and except as provided in subdivisions (b) and (c), an applicant for an original real estate brokers license shall demonstrate to the Real Estate Commissioner that he or she has held a real estate salespersons license for at least two years and qualified for the renewal of his or her real estate salesperson status, within the five-year period immediately prior to the date of his or her application for the brokers license, and during such time was actively engaged in the business of real estate salesperson.
(b) An applicant for a real estate brokers license having at least the equivalent of two years general real estate experience may file a written petition with the Department Bureau of Real Estate setting forth his or her qualifications and experience, and, if the commissioner approves, he or she may be issued a real estate brokers license immediately upon passing the examination and satisfying the other requirements of this article.
(c) In considering a petition described in subdivision (b), the commissioner may treat a degree from a four-year college or university, which course of study included a major or minor in real estate, as the equivalent of two years general real estate experience.
SEC. 3. Section 10225 of the Business and Professions Code is amended to read:10225. An application for a permit to sell real property securities secured by liens on real property situated outside the State of California shall be accompanied by the filing fee together with an amount equivalent to twenty-five cents ($0.25) a mile for each mile going and returning, or where public transportation is available the actual round trip fare pertaining thereto, estimated by the commissioner to be traveled from the office of the Department Bureau of Real Estate where the application is filed to the location of the property, and the amount estimated to be necessary to cover the expense of the inspection and appraisal of the property, not to exceed seventy-five dollars ($75) a day for each day actually spent in the inspection and appraisal of the property or properties.
SEC. 3. Section 10225 of the Business and Professions Code is amended to read:
### SEC. 3.
10225. An application for a permit to sell real property securities secured by liens on real property situated outside the State of California shall be accompanied by the filing fee together with an amount equivalent to twenty-five cents ($0.25) a mile for each mile going and returning, or where public transportation is available the actual round trip fare pertaining thereto, estimated by the commissioner to be traveled from the office of the Department Bureau of Real Estate where the application is filed to the location of the property, and the amount estimated to be necessary to cover the expense of the inspection and appraisal of the property, not to exceed seventy-five dollars ($75) a day for each day actually spent in the inspection and appraisal of the property or properties.
10225. An application for a permit to sell real property securities secured by liens on real property situated outside the State of California shall be accompanied by the filing fee together with an amount equivalent to twenty-five cents ($0.25) a mile for each mile going and returning, or where public transportation is available the actual round trip fare pertaining thereto, estimated by the commissioner to be traveled from the office of the Department Bureau of Real Estate where the application is filed to the location of the property, and the amount estimated to be necessary to cover the expense of the inspection and appraisal of the property, not to exceed seventy-five dollars ($75) a day for each day actually spent in the inspection and appraisal of the property or properties.
10225. An application for a permit to sell real property securities secured by liens on real property situated outside the State of California shall be accompanied by the filing fee together with an amount equivalent to twenty-five cents ($0.25) a mile for each mile going and returning, or where public transportation is available the actual round trip fare pertaining thereto, estimated by the commissioner to be traveled from the office of the Department Bureau of Real Estate where the application is filed to the location of the property, and the amount estimated to be necessary to cover the expense of the inspection and appraisal of the property, not to exceed seventy-five dollars ($75) a day for each day actually spent in the inspection and appraisal of the property or properties.
10225. An application for a permit to sell real property securities secured by liens on real property situated outside the State of California shall be accompanied by the filing fee together with an amount equivalent to twenty-five cents ($0.25) a mile for each mile going and returning, or where public transportation is available the actual round trip fare pertaining thereto, estimated by the commissioner to be traveled from the office of the Department Bureau of Real Estate where the application is filed to the location of the property, and the amount estimated to be necessary to cover the expense of the inspection and appraisal of the property, not to exceed seventy-five dollars ($75) a day for each day actually spent in the inspection and appraisal of the property or properties.