§ 10150.6. — 10150.6. (Amended by Stats. 2022, Ch. 162, Sec. 1.)

California § 10150.6.

• Jurisdiction: California
• Code BPC: Business and Professions Code - BPC
• Div. 4.: DIVISION 4. REAL ESTATE
• Part 1.: PART 1. LICENSING OF PERSONS
• Ch. 3.: CHAPTER 3. Real Estate Regulations
• Art. 2.: ARTICLE 2. Licenses

Text

(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 broker’s license shall demonstrate to the Real Estate Commissioner that they have held a real estate salesperson’s license for at least two years and qualified for the renewal of their real estate salesperson status, within the five-year period immediately prior to the date of their application for the broker’s license, and during that time were actively engaged in the business of real estate salesperson.
(b)
An applicant for a real estate broker’s license having at least the equivalent of two years’ general real estate
experience within the five-year period immediately prior to the date of their application for the broker’s license may file a written petition with the Department of Real Estate setting forth their qualifications and experience, and, if the commissioner approves, they may be issued a real estate broker’s 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. In considering a petition described in subdivision (b), the commissioner may consider degrees that were completed before the five-year period immediately prior to the date of the application for a broker’s license.

Legislative History

Amended by Stats. 2022, Ch. 162, Sec. 1. (AB 2745) Effective January 1, 2023.