Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 10177.6 — Disciplinary Action

Cal. Bus. & Prof. Code § 10177.6

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Date
2009-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

When an agent undertakes to arrange financing in connection with a sale, lease, or exchange of real property, or when a person or entity arranging financing in connection with the sale, lease, or exchange of real property undertakes to act as an agent with respect to that property, that agent,…

Citator

Cal. Bus. & Prof. Code § 10177.6 — Disciplinary Action is in force in the current edition of the Code, and nothing recorded condemns it.

When an agent undertakes to arrange financing in connection with a sale, lease, or exchange of real property, or when a person or entity arranging financing in connection with the sale, lease, or exchange of real property undertakes to act as an agent with respect to that property, that agent, person, or entity shall, within 24 hours, make a written disclosure of those roles to all parties to the sale, lease, or exchange, and any related loan transaction. For purposes of this section, “agent” has the same meaning as defined in subdivision (a) of Section 2079.13 of the Civil Code.