California · Chapter 59 of 59
Advance Fees
DRE rules for advance fees, the 10-day DRE submission rule, and trust account requirements.
10-minute read · Built for the DRE Salesperson Exam
advance feeDRE submission (10 days)advance fee trust accountBusiness and Professions Code 10026
What Is an Advance Fee
An advance fee is a fee collected BEFORE services are rendered. Under California law, advance fee agreements must be submitted to the DRE before use and need special handling. This prevents brokers from collecting money for services that may never be provided.
B&P Code §10026, §10085
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