term1 Definition1term2 Definition2term3 Definition3
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abandonment
A unilateral termination of a tenancy by forfeiture, delivered by the landlord based on notices from the landlord.
advertising
Communications of marketing materials by licensees, such as property fliers, classified ads or first-contact brochures.
Americans with Disability Act (ADA)
Federal regulations prohibiting an employer from discriminating against a qualified person based on a disability.
anti-trust
State and federal regulations that are designed to promote fair competition in the marketplace.
blockbusting
The prohibited practice of a real estate licensee inducing a property owner to list their property for sale is response to a change taking place in the neighborhood demographics.
bulk sale
The transfer of more than one-half the inventory of a business' materials or goods to a person other than the business' customers.
California Bureau of Real Estate (CalBRE)
A government agency which oversees, regulates, administers and enforces California real estate law as practiced by licensees.
certificate of clearance
A document certifying a property has been cleared of all infestations and all repairs necessary to prevent infestations have been completed.
commingling
The mixing of personal funds with client or third party funds held in trust.
commission
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