California Bureau of Real Estate Finalizes Cite and Fine Program

Effective July 1, 2014, the California Bureau of Real Estate (“CalBRE”) has finalized its “Cite and Fine Program.” This program will be used for minor and technical violations of the law or regulations that do not involve fraud, dishonesty or loss or injury to a consumer. Examples of such violations would be administrative issues such as failing to inform CalBRE of a change of address, failing to disclose a license number or failing to timely submit periodic business activity reports. A citation can include a corrective order, as well as an administrative fine ranging from $0 to $2,500. The fines are generally to be paid within 30 days. The amount of the fine will be determined by whether the act was inadvertent, deliberate or negligent and whether there it is a repeat offense.

Please note that CRELA is coordinating with CalBRE and will continue to provide updates.

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