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Codes.

Last updated 08-20-2026

California Department of Real Estate

Updated 08-20-2026

Codes.

CRE — Counselor of Real Estate, Member of American Society of Real Estate Counselors. CREDIT — A bookkeeping entry on the right side of an account, recording the reduction or elimination of an asset or an expense, or the creation of or addition to a liability or item of equity or revenue. CURABLE DEPRECIATION — Items of physical deterioration and functional obsolescence which are customarily repaired or replaced by a prudent property owner. calculated and published nationally or regionally. The current index value changes periodically and is used in calculating the new note rate as of each rate adjustment date.

California Department of Real Estate Glossary

California Department of Real Estate · p. 10

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