New Disclosure Requirements for Real Estate Licensees


Information in this Alert directly affects all California real estate licensees.

Effective as of July 1, 2009, all California real estate licensees will be required to disclose his or her Department of Real Estate (DRE) license identification number in certain specified solicitation materials. The new law amends Section 10140.6 of the Business & Professions Code and applies to “solicitation materials intended to be the first point of contact with consumers.” Section 2773 of the Regulations of the Real Estate Commissioner has been adopted to provide clarity with regard to the new disclosure requirements.

Please see full alert for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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