California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 1 — Licensing of Persons, Chapter 3 — Real Estate Regulations, Article 3 — Disciplinary Action, Section 10177.5
When a final judgment is obtained in a civil action against any real estate licensee upon grounds of fraud, misrepresentation, or deceit with reference to any transaction for which a license is required under this division, the commissioner may, after hearing in accordance with the provisions of this part relating to hearings, suspend or revoke the license of such real estate licensee.
Notes
Allows the commissioner, after the required hearing, to suspend or revoke a real estate license when a final civil judgment has been entered against the licensee for fraud, misrepresentation, or deceit involving a transaction for which a license is required under the division. The disciplinary authority depends on the stated final judgment and transaction connection.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10177.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-3/article-3/section-10177-5