The Business and Professions Code Section 10176(g) allows the Real Estate Commissioner to temporarily suspend or permanently revoke a real estate license if the licensee is found guilty of claiming or taking any secret or undisclosed amount of compensation, commission, or profit.
How can a realtor lose their license in CA?
What is a restricted real estate license in California?
A restricted license is a probationary type license. Revoked — The license is revoked as a result of an administrative action rendered by the Department of Real Estate. The licensee may not perform acts for which a California real estate license is required.
Can a revoked real estate license be reinstated in Ohio?
If the information contained in the application is satisfactory to the division of real estate, the division shall reinstate, transfer, or register the salesperson's license as a salesperson for other dealer or broker. The division shall establish the fee for the reinstatement and transfer of license.
Who has the ability to revoke your license at any time in California?
Under certain conditions, the California Department of Motor Vehicles can suspend or revoke your driver's license. This means either the DMV or the court has decided that you are NOT allowed to operate a motor vehicle until the suspension or revocation is lifted and your license is reinstated.
How do I put my Florida real estate license on hold?
In order to place your license inactive, you would need to contact your current broker and ask them to place your license on inactive status.