Just read through my CA Real Estate Magazine and read that penalties for non-licensees is $20k and/or 6 months in a county jail. A corporation is subject to a fine of $60k. I wish they would offer a reward cause I could probably make a living reporting all these people that are required to have a license but for some reason will not get licensed. http://www2.dre.ca.gov/PublicASP/pplinfo.asp

When dealing in real estate matters please make sure that the person you are dealing with is licensed. First of all it is not that hard to get licensed so you have to ask yourself why one would not get licensed. Second of all licensing is one way that the Department of Real Estate tries to protect the general public. If you are interested in this law look up California Business & Professions Code Section 10139.

 
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Mario Villagran, MBA, Realtor

Burbank, CA

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U.S. Spaces

Address: 4354 Perlita Ave, Los Angeles, CA, 90039

Office Phone: (818) 416-7511

Cell Phone: (818) 416-7511

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