California Business and Professions Code

§ 10133

BPC § 10133Div. 4 · Part 1 · Ch. 3 · Art. 1

Statute text

(a)The acts described in Section 10131 are not acts for which a real estate license is required if performed by:

(1)A regular officer of a corporation or a general partner of a partnership with respect to real property owned or leased by the corporation or partnership, respectively, or in connection with the proposed purchase or leasing of real property by the corporation or partnership, respectively, if the acts are not performed by the officer or partner in expectation of special compensation.

(2)A person holding a duly executed power of attorney from the owner of the real property with respect to which the acts are performed.

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Legislative history

Amended by Stats. 1985, Ch. 476, Sec. 1.