Penalty For Practicing Real Estate Without A License In California – BPC § 10139

California Code, Business and Professions Code – BPC § 10139

§ 10139. Punishment for acting without license; Excess to be deposited in Real Estate Fraud Prosecution Trust Fund

Any person acting as a real estate broker, real estate salesperson, or mortgage loan originator without a license or license endorsement, or who advertises using words indicating that he or she is a real estate broker, real estate salesperson, or mortgage loan originator without being so licensed or without having obtained a license endorsement, shall be guilty of a public offense punishable by a fine not exceeding twenty thousand dollars ($20,000), or by imprisonment in the county jail for a term not to exceed six months, or by both fine and imprisonment;  or if a corporation, be punished by a fine not exceeding sixty thousand dollars ($60,000).  If a Real Estate Fraud Prosecution Trust Fund, as described in Section 27388 of the Government Code , exists in the county where a person or corporation is convicted, any fine collected from the person in excess of ten thousand dollars ($10,000) or any fine collected from the corporation in excess of fifty thousand dollars ($50,000) shall be deposited in that Real Estate Fraud Prosecution Trust Fund.

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