STATE OF CALIFORNIA
DEPARTMENT OF REAL ESTATE

In reviewing a licensee's information, please be aware that license discipline information may have been removed from a licensee's record pursuant to Business & Professions Code Section 10083.2 (c). However, discipline information may be available from the California Department of Real Estate upon submittal of a request, or by calling the Department's public information line at 1-877-373-4542.
The license information shown below represents public information. It will not reflect pending licensing changes which are being reviewed for subsequent updating. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes.
Some historical disciplinary action documents may not be in compliance with certain accessibility functions. For assistance with these documents, please contact the Department's Licensing Flag Section.

License information taken from records of the Department of Real Estate on 11/27/2025 6:26:45 AM
License Type:
BROKER

Name:
Novelo, David Albert

Mailing Address:
10100 FAIR OAKS BLVD STE I
FAIR OAKS, CA 95628

License ID:
01229431

Expiration Date:
05/20/29

License Status:
LICENSED *** RESTRICTED ***

Salesperson License Issued:
10/20/97 (Unofficial -- taken from secondary records)

Broker License Issued:
03/06/04

Former Name(s):
NO FORMER NAMES

Main Office:
10100 FAIR OAKS BLVD STE I
FAIR OAKS, CA 95628

DBA
Capital Management
ACTIVE FROM 08/07/2006 TO 03/05/2012

Capital Solutions
ACTIVE FROM 08/07/2006 TO 03/05/2012

Realty One
ACTIVE FROM 03/15/2004 TO 03/05/2012

NO CURRENT DBAS

Branches:
NO CURRENT BRANCHES

Affiliated Licensed Corporation(s):
01850105 - Officer Expiration Date: 07/20/29
A C O N Inc
**THIS OFFICER IS RESTRICTED. THIS CORP IS RESTRICTED.**

Comment:
03/28/14 - H-6099 SAC

03/08/16 - REVOKED-RIGHT TO RESTRICTED LICENSE PER H-06099-SAC

06/05/20 - H-6957 SAC

05/21/21 - REVOKED-RIGHT TO RESTRICTED LICENSE PER H-6957 SAC

11/13/23 - H-07250 SAC

08/20/24 - RESTRICTION EXTENDED PER H-7250 SAC

NO OTHER PUBLIC COMMENTS

Disciplinary or Formal Action
Documents:
H06099SAC_140328_P.pdf

H06099SAC_160308_P.pdf

H06957SAC_200605_P.pdf

H06957SAC_210521_P.pdf

H07250SAC_231113_P.pdf

H07250SAC_240820_P.pdf

>>>> Public information request complete <<<<