California Business and Professions Code

§ 10131.1

BPC § 10131.1 Effective Jan 1, 2008Div. 4 · Part 1 · Ch. 3 · Art. 1

Statute text

(a)A real estate broker within the meaning of this part is also a person who engages as a principal in the business of making loans or buying from, selling to, or exchanging with the public, real property sales contracts or promissory notes secured directly or collaterally by liens on real property, or who makes agreements with the public for the collection of payments or for the performance of services in connection with real property sales contracts or promissory notes secured directly or collaterally by liens on real property.

(b)As used in this section:

(1)“In the business” means any of the following:

…

Legislative history

Amended by Stats. 2007, Ch. 301, Sec. 2. Effective January 1, 2008.