"The subversion of real estate license examination content is something DRE takes very seriously, Jeff Oboyski, the CDRE's assistant commissioner, said in a statement. Ensuring that those who attempt to compromise the integrity of our real estate license exams are held accountable for their actions underscores DRE's commitment to consumer protection. As a result of the settlement, McHarg and RETI will be required to pay $60,000 in monetary penalties, damages and the costs incurred by the CDRE's investigation and litigation."
"In addition, McHarg has been barred from applying for or having any type of participation in an examination for a California real estate license. He is also barred from holding a real estate license, or holding any position of employment, instructor, management, control or ownership in a real estate business or a business that offers pre-license, continuing education or any type of real estate license exam preparation courses for three years."
DRE treats subversion of real estate license examination content as a serious consumer-protection issue. McHarg and RETI must pay $60,000 in penalties, damages and investigative and litigation costs. McHarg is barred for three years from applying for or participating in California real estate license examinations or from holding licenses or roles in real estate or exam-preparation businesses. McHarg's former firm and affiliated persons are barred for three years from applying for or participating in any California real estate license examination and may not offer courses using copied DRE exam questions. RETI and McHarg did not immediately respond to requests for comment.
Read at www.housingwire.com
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