The Real Estate Commissioner, who is appointed by the Governor, is the chief executive of the Department of Real Estate. To facilitate the administration and enforcement of the Real Estate Law and the Subdivided Lands Law, the Commissioner is empowered by law to issue regulations.
What is the role of the real estate commissioner quizlet?
The Real Estate Commissioner’s job is to implement and enforce the provisions of the Real Estate Law in a way that will provide the maximum protection possible to members of the public who deal with real estate licensees.
What capacity does the commissioner serve in California?
In which of the following capacities does the Commissioner serve in California? As the chief executive of the Bureau of Real Estate. The Commissioner serves as both the chairperson of the State Department of Justice, and the chief executive of the Bureau of Real Estate.
What does Arizona Department of Real Estate do?
Function. The purpose of the State Real Estate Department is to protect the public interest through licensure and regulation of the real estate profession in Arizona (A.R.S. §32-2102).
What is the main purpose of real estate law?
The MAIN purpose of the California Bureau of Real Estate is to protect the public. The BRE achieves this purpose through the enactment and enforcement of laws relating to real estate and by establishing requirements for the real estate salespersons’ and brokers’ licenses.
What is a real estate commissioner?
The Real Estate Commissioner, who is appointed by the Governor, is the chief executive of the Department of Real Estate. The Commissioner’s Role. To facilitate the administration and enforcement of the Real Estate Law and the Subdivided Lands Law, the Commissioner is empowered by law to issue regulations.
What is the main purpose of the California Department of Real Estate?
Department of Real Estate (DRE)
The mission of the California Department of Real Estate is to safeguard and promote the public interests in REAL ESTATE MATTERS through licensure, regulation, education and enforcement.
Who appoints the California real estate Commissioner?
The Real Estate Commissioner is appointed by the Governor, and serves as the chief executive of the Department of Real Estate.
Who oversees the California Bureau of real estate?
There are 425,922 real estate licensees in California as of July 2021.
California Department of Real Estate.
|Headquarters||1651 Exposition Boulevard, Sacramento, CA 95815-5149|
|Department executive||Douglas R. McCauley, Commissioner|
|Parent Department||California Business, Consumer Services, and Housing Agency|
What does the real estate advisory commission do?
regulates nonexempt franchises and real property securities. makes recommendations to the Real Estate Commissioner on matters involving CalBRE. The 10 members of the Real Estate Advisory Commission are appointed by the commissioner, who presides over their meetings.
What is the primary role of the real estate commissioner in Arizona?
The commissioner’s duty is to administer the state’s real estate law through the Arizona Department of Real Estate (ADRE). Divisions within the department enforce licensing, education and compliance with the law. The commissioner has the authority to investigate complaints and suspicions of violations.
What is a realtors commission in Arizona?
The average realtor commission in Arizona is 5.36%, which equates to a typical realtor fee of $19,100 for an average home in the state. ℹ️ Knowing the standard commission rate in your area can help you avoid overpaying for a realtor and accurately estimate costs when you sell your home.
What are the 4 property rights?
The main legal property rights are the right of possession, the right of control, the right of exclusion, the right to derive income, and the right of disposition. There are exceptions to these rights, and property owners have obligations as well as rights.
What is the goal of real estate law?
Real estate laws protect buyers from unscrupulous sellers who might attempt to misrepresent the property to a potential buyer and it could also protect the environment from a buyer who wants to make alterations that are damaging to the land or natural environment.
What is a real estate lawyer called?
A real estate attorney, also known as a real estate lawyer, is someone who is licensed to practice real estate law, meaning they have the knowledge and experience to advise parties involved in a real estate transaction, such as a home sale or short sale.