front 1 E. Business & Professions Code | back 1 Portion of codified California law covering real estate professionals |
front 2 O. Real Estate Law | back 2 Law that affects the licensing and conduct of real estate brokers and |
front 3 N. Real Estate Commissioner | back 3 Head of the Department of Real Estate |
front 4 L. payment of child support | back 4 If not paid by an obligor, his or her license will be suspended |
front 5 P. Recovery Account | back 5 Account to pay otherwise uncollectible court judgments against
licensees |
front 6 M. real estate broker | back 6 Person with a real estate license who can employ someone who holds
a |
front 7 B. agent | back 7 Role of a broker to his or her client |
front 8 D. branch office | back 8 Any business location other than the main office |
front 9 G. DBA | back 9 Acronym for a fictitious business name |
front 10 R. restricted license | back 10 Type of probationary license issued when a license has been
suspended, |
front 11 H. eLicensing | back 11 Interactive online system used for license renewal and change transactions |
front 12 K. Order to Desist and Refrain | back 12 Court-ordered demand that prohibits a business or individual from
|
front 13 A. Administrative Law Judge | back 13 Person who makes recommendations to the Commissioner concerning
|
front 14 F. commingling | back 14 Mixing of the principal’s funds with the broker’s own |
front 15 S. secret profits | back 15 Money obtained by buying property from a client and reselling it
quickly |
front 16 J. moral turpitude | back 16 Conduct considered contrary to community standards of justice,
honesty, |
front 17 I. false advertising | back 17 Promoting sales with inaccurate information |
front 18 C. blockbusting | back 18 Term for inducing panic sales |
front 19 Q. referral fees | back 19 Money paid illegally in exchange for generation of business |
front 20 T. solicitation materials | back 20 Business cards, stationery, advertising fliers, and other materials
designed |