What does the real estate commissioner do quizlet?
The law is enforced by the chief officer of the DRE, the Real Estate Commissioner. 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.
Which of the following is not a job of the real estate commissioner?
Which of the following is not a job of the Real Estate Commissioner? Settling commission disputes. An investigation of a licensee’s actions is typically initiated by: Receipt of a verified written complaint.
What is the DRE and who runs it?
Real Estate Commissioner
Doug McCauley was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on April 2, 2020 and assumed office on May 6, 2020.
Who appoints the real estate Commissioner quizlet?
The California Real Estate Commissioner is appointed by the Governor, and serves as the chief executive of the Bureau of Real Estate.
What are not really deeds?
Which of the following deeds are not really deeds at all? Land Patent. Trust Deed. Trustee’s Deed is given to the buyer of property at a trust deed foreclosure sale, and a Land Patent is used by the government to grant public land to an individual. A Trust Deed is not a deed.
What is real estate law called?
It’s the law that governs how people acquire property and what they can do with the property that they own. Real estate law is also called real property law. … There are many different aspects of real estate law like deeds, titles, purchase financing, zoning, taxes and estate planning.
What is the greatest power the government has to affect the value of real property?
Under eminent domain, the government can appropriate property if they feel it is for the greater good of the community. But the owner of any lands appropriated under eminent domain is entitled to reasonable compensation, usually defined as the fair market value of the property.
What does a DRE do?
A drug recognition expert or drug recognition evaluator (DRE) is a police officer trained to recognize impairment in drivers under the influence of drugs other than, or in addition to, alcohol.
How much money do real estate agents make in Hawaii?
The average salary for a real estate agent in Hawaii is around $64,940 per year.
What does the Hawaii Real Estate Commission do?
The Real Estate Branch, as part of the Professional and Vocational Licensing Division, assists the Real Estate Commission in carrying out its responsibility for the education, licensure and discipline of real estate licensees; registration of condominium projects, condominium associations, condominium managing agents, …
What is get in Hawaii real estate?
HARPTA is an acronym for “Hawaii Real Property Tax Act”. This is a Hawaii State law that requires a withholding of 7.25% of the sales price. (UPDATED! … This is 7.25% of the sales price from the seller when the seller is an out-of-State resident.