California Department of Real Estate
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![]() DRE headquarters in Sacramento | |
Department overview | |
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Jurisdiction | California |
Headquarters | 1651 Exposition Boulevard, Sacramento, CA 95815-5149 |
Department executive |
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Parent Department | California Business, Consumer Services, and Housing Agency |
Website | www |
The California Department of Real Estate (DRE) is the state agency responsible for administering real estate license examinations, issuing real estate licenses and certain mortgage loan originator endorsements to such licensees; regulating and disciplining real estate licensees, and qualifying certain residential subdivision offerings.
It is headed by the Real Estate Commissioner,[1] who is appointed by the Governor. The DRE is headquartered in Sacramento and has district offices in Oakland, Fresno, Los Angeles, and San Diego. As of July 1, 2013, the DRE had 336 authorized positions and there are approximately 408,496 total real estate licensees in California as of October 2013.[2]
Founded in 1917, the Department of Real Estate was briefly merged into the California Department of Consumer Affairs on 1 July 2013 as the Bureau of Real Estate. It was restored to independent Department status five years later on 1 January 2018, by Senate Bill 173.[3]
Real estate licensing is subject to both the Real Estate Law and regulations of the Real Estate Commissioner.[4] The Real Estate Law is codified at Division 4 of the California Business and Professions Code, and regulations are codified in Chapter 6, Title 10 of the California Code of Regulations. The Subdivided Lands Act is codified in Sections 11000 et seq. of the Business and Professions Code.
See also
References
- ^ Williams & Newton 2005, pp. 2–3.
- ^ "Licensee/Examinee Statistics for Fiscal Year 2013/2014". California Department of Real Estate. Retrieved 6 January 2014.
- ^ Jozef Magyar, Esq. "From Department of Real Estate to Bureau of Real Estate and Back". Law Offices of Kimball, Tirey & St. John. Retrieved 23 July 2019.
- ^ Williams & Newton 2005, pp. 1–2.
- Williams, Martha R; Newton, Joe (2005). California Real Estate Principles (6th ed.). Dearborn Financial Publishing. ISBN 0-7931-8802-4.
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