10 CCR § 2746. Corporate Real Estate Brokers, Officers, Directors and Shareholders.

Corporate Real Estate Brokers, Officers, Directors and Shareholders.

(a) At the time of application for, or in the reinstatement of, an original real estate broker license, the designated officer shall file a background statement of information for each director, the chief executive officer, the president, first level vice presidents, secretary, chief financial officer, subordinate officers with responsibility for forming policy of the corporation and all natural persons owning or controlling more than ten percent of its shares, if such person has been the subject of any of the following:

(1) Received an order or judgment issued by a court or governmental agency during the preceding 10 years temporarily or permanently restraining or enjoining any business conduct, practice or employment;

(2) Has had a license to engage in or practice real estate or other regulated profession, occupation or vocation denied, suspended or revoked during the preceding 10 years;

(3) Engaged in acts requiring a real estate license of any state without the benefit of a valid license or permit authorizing that conduct during the preceding 10 years which have been enjoined by a court of law or administrative tribunal;

(4) Been convicted of a crime which is substantially related to the qualifications, functions or duties of a licensee of the Bureau as specified in Section 2910 of these Regulations (excluding drunk driving, reckless driving and speeding violations).

(b) The background statement shall be set forth in CalBRE Form RE 212 and shall inquire only about the information to be disclosed pursuant to subdivision (a). The background statement must be verified and completed by each corporate officer, director or stockholder as named in subdivision (a) to the fullest extent of the signatory's actual knowledge.

(c) Whenever there is a change in the persons whose background statements are required to be on file with the Bureau for a corporate licensee pursuant to subdivision (a) or an addition to the persons required to file statements pursuant to subdivision (a), the designated officer of the corporation shall, within 30 days thereafter, file with the Bureau a background statement of information for each new or changed person.

Official source: § 2746. Corporate Real Estate Brokers, Officers, Directors and Shareholders..

Source snapshot retrieved: 2026-09-23T18:07:26.611Z.

4. Amendment of subsection (a)(2) filed 12-30-97; operative 1-29-98 (Register 98, No. 1).

5. Change without regulatory effect amending subsections (a)(4)-(c) filed 6-30-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 27).

Applicability basis for 10 CCR § 2746 (Corporate Real Estate Brokers, Officers, Directors and Shareholders.): 1 CCR § 100 provides that an agency may add to, revise or delete text published in the California Code of Regulations without complying with the rulemaking procedure specified in article 5 of the APA only if the change does not materially alter any requirement, right, responsibility, condition, prescription or other regulatory element of any California Code of Regulations provision.

Version dates (indexing metadata): Effective 1998-01-29.

Date derivation (indexing metadata): This is the current publisher text. The filing history states: "4. Amendment of subsection (a)(2) filed 12-30-97; operative 1-29-98 (Register 98, No. 1)." The later entry is: "5. Change without regulatory effect amending subsections (a)(4)-(c) filed 6-30-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 27).". Under 1 CCR § 100, a change without regulatory effect cannot materially alter a regulatory element. The indexing start is therefore the last substantive operative date, 1998-01-29. The official history expressly gives this operative date. No earlier version is represented.