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Updated over 7 years ago on . Most recent reply
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Expired RE license in California- Do I need to disclose?
Hey Guys-
Judging from the title of this post, your assumptions could probably go in a bunch of directions. I just wanted to get your opinions on this from what you may know about the RE laws in California. in 2012 I received my RE license in California, but I never used it (not even once). It has since expired, which I've confirmed on the state board. From my understanding, if my license was active, I would need to disclosed to potential sellers and buyers that I am a licensed agent. Now that it is expired (and I'm working on some first deals after sitting on the sidelines for several years), do I need to disclose that information?
I honestly never used the license in any regard (never completed a transaction while I was licensed). I got it more as a learning experience and was interested for a short time in making a move out of my current industry.
Any insight would be greatly appreciated. Thank you in advance!