Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-03-10

field and inspect tracts Of land
about to be sold and ascertain
whether or not the "Sales talk"
checks with what is being sold. An
other state bans advertising liter
allure that colors the truth and still
another wages a fight against mis-
leading newspaper advertising.
Sponsored Laws
These laws were not enacted as a
result Of public demand. The real
estate interests recognized the need,
conceived the laws, worked to have
them passed, and have fought to
have them sustained and enforced
in order to protect the public. So
the spectacle Of the real estate man
dragging his erring brother to the
courts of justice, emblazoning his
standards in the laws, and discour-
aging no-one knows how many I'M
scrupulous or uniformed people
from entering his business should
reassure property owners through
out the United States, says the real
estate association.
In % states and in British Column
bia, to operate as a real estate dealer
without securing a license is a GRIM
inal offense. This promotes the gen.
eral welfare, say officials, by pre-
venting thousands Of incompetent
persons from holding themselves out
to the public as qualified to advise
on real estate problems and to ne
| gotiate real state transactions.
Deputy Commissioner Shaw OF
the California state real estate de-
partment reported in May, 1926 that
5,145 applicants took the written
examination for real estate licenses;
1855 passed and 1889 failed. This
means that more than fifteen hun
| dred incompetent persons were pre-
| vented from entering the real estate
business in the state Of California
in one year as a result Of the license
law.
Moreover, the supreme court of
| California has held that the state
has a right under its constitution to
| require that all persons performing
| acts Of real estate brokerage, includ-
ing those performing such acts in
I. isolated or single transactions, must
| first procure a license. thereby ex-
| tending the laws protection to every
| real estate transaction.
Bonds Often Necessary
In addition. some states require
that all applicants for real estate
licenses must file a satisfactory
bond with the commissioner, to the
people of the state, duly executed by
a sufficient surety. for the faithful
performance Of any business under
taken as a real estate operator. Tr
the states requiring such bond, the
amount varies from 500 for each
thousand people in the parish
where the applicant proposes to dc
business in Louisiana, to $4,000 II
Arizona. Other states requiring such
bonds are California. Idaho. Mon.
tana, Ohio. Oregon. Utah, Washing.
ton, Uyoming and British Columbia
The model state real estate license
law referred to above, recommends
bond Of $1,000.
The state Of California passed tht
first real estate license law in 1919
Last year the California real estate
department. in charge Of enforcint
the law, stopped the sale OF owe,
10000 acres of land advertised a
likely of enhancement In valu'
when the Boulder Dam project i
completed.
The department. Investigating thi
development on behalf Of the public
found the land to be actually severa
hundred feet above the highest pos
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