EDUCATION FOR REAL ESTATE LICENSES

To apply for a California broker’s license, a person must have completed the following three semester or quarter equivalent courses at an accredited institution:

(1) real estate practice,
(2) legal aspects of real estate,
(3) real estate appraisal,
(4) real estate financing, and
(5) real estate economics or accounting.

In addition, the person must have completed at least three of the following three semester or quarter equivalent courses at an accredited institution:

(1) advanced legal aspects of real estate,
(2) advanced real estate finance,
(3) advanced real estate appraisal,
(4) business law,
(5) escrows,
(6) real estate principles,
(7) property management,
(8) real estate office administration, and
(9) mortgage loan brokering and lending.

These educational requirements may be waived for:

- a member of the State Bar,
- a person with a degree from a four year college, with a specialty in real estate; or
- a person who has studied at vocational or other schools, which the Commissioner finds, have equivalent education to that required by the ordinary rules.

Before taking the examination for the salesperson license, a person must successfully complete a three-unit course in real estate principles or an equivalent. Before the examination, or within 18 months after a license is issued, the person must successfully complete two courses in the following categories:

(1) real estate practice,
(2) legal aspects of real estate,
(3) real estate appraisal, financing, economics, or accounting,
(4) business law, escrows, property management, or office administration, and
(5) mortgage loan brokering and lending

This requirement will be waived for a member of the State Bar

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