California Department of Real Estate Revokes Record Number of Real Estate Licenses

California

SACRAMENTO, CA – The California Department of Real Estate (DRE), the state department that issues real estate licenses and protects consumers through enforcement of the Real Estate Law, revoked a record number of licenses for cause in the fiscal year ending June 30th, 2010. The DRE also accepted another record number of license surrenders from licensees facing disciplinary action. All told, over 886 licensees had their license revoked, suspended or they simply surrendered their licenses while facing accusations. (More –>)