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Chapter 13 Summary Real Estate Finance California Real Estate PrinciplesParts to a mortgage loan: Pledge or promise to pay (promissory notes); Collateral, which allows a lender the right to foreclose
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Obtain a copy of the California Real Estate Principles book.
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Read and familiarize yourself with the content of the book.
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Understand the basic concepts and principles of real estate in California.
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Complete any required pre-licensing courses or educational programs.
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Fill out the required forms and applications provided by the California Department of Real Estate (DRE).
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Provide accurate and truthful information on the forms, including personal details, education, and experience.
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If approved, receive your California Real Estate Principles license and start your career in real estate.

Who needs california real estate principles?

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Individuals who want to become licensed real estate agents in California.
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Individuals who wish to work in the real estate industry in California.
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People interested in buying or selling properties in California and want to understand the principles and regulations involved.
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Those who want to enhance their knowledge and understanding of real estate practices in California.
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California real estate principles are the fundamental concepts and guidelines that govern the real estate industry in the state of California.
Real estate professionals, such as agents, brokers, and property managers, are required to file California real estate principles as part of their licensing requirements.
California real estate principles can be filled out online through the California Department of Real Estate's website or in person at a designated licensing center.
The purpose of California real estate principles is to ensure that real estate professionals have a solid understanding of the laws, regulations, and ethical guidelines that govern the industry.
California real estate principles typically require information such as the licensee's contact information, educational background, and any disciplinary actions taken against them.
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