California Health and Safety Code

§ 18062

HSC § 18062 Effective Sep 30, 1984Div. 13 · Part 2 · Ch. 7 · Art. 3

Statute text

It is unlawful for a dealer to do any of the following:

(a)Enter into a listing agreement that does not include a specified date upon which the agreement is to terminate.

(b)Claim or take any secret or undisclosed amount of compensation, commission, fee, or profit prior to, or at the time that a contractual agreement is signed whereby all parties involved, after negotiation, have come to terms. However, this section shall not be construed to require the disclosure of any exclusive financial arrangements agreed upon between the dealer and any financial institution with regard to financial arrangements applicable solely to them.

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Legislative history

Amended by Stats. 1984, Ch. 1528, Sec. 11. Effective September 30, 1984.