California · Chapter 59 of 59
Advance Fees
DRE rules for advance fees, approval process, and trust account requirements.
10-minute read · Built for the DRE Salesperson Exam
advance feeDRE approvaladvance 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, certain advance fees in real estate require DRE approval and special handling. This prevents brokers from collecting money for services that may never be provided.
B&P Code §10026, §10085
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