CA SB 774

Title: Department of Real Estate and the Bureau of Real Estate Appraisers.
Author: Angelique V. Ashby

Summary
SB 774, as amended, Ashby. Department of Real Estate and the Bureau of Real Estate Appraisers. The Real Estate Law establishes the Department of Real Estate in the Business, Consumer Services, and Housing Agency to license and regulate real estate licensees under that law, including real estate brokers and real estate salespersons. The Real Estate Appraisers’ Licensing and Certification Law establishes within the Department of Consumer Affairs the Bureau of Real Estate Appraisers to license and regulate real estate appraisers. Under existing law, the powers and duties of the Department of Real Estate and the Bureau of Real Estate Appraisers under those laws, respectively, are subject to review by the appropriate policy committees of the Legislature as if those laws were to be repealed on January 1, 2026.This bill would state the intent of the Legislature to evaluate the Department of Real Estate and the Bureau of Real Estate Appraisers through the joint legislative sunset review oversight process and to subsequently amend this bill to include recommendations produced through that process.Existing law requires the Department of Real Estate to compile information on military, veteran, and spouse licensure into an annual report for the Legislature. Existing law requires the commissioner to ascertain by written examination that the applicant has an understanding of the principles of real estate, among other things. This bill would extend that date to January 1, 2030. The bill would make other technical changes to various provisions of the Real Estate Law, including eliminating gendered pronouns and updating cross-references.

Status
Read second time. Ordered to third reading.

Bill Documents
CA SB 774 - 04/30/25 - Amended Senate
04/30/25 - CA SB 774 (04/30/25 - Amended Senate)