Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 10235 — Transactions in Trust Deeds and Real Property Sales Contracts
Cal. Bus. & Prof. Code § 10235
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No real estate licensee shall knowingly advertise, print, display, publish, distribute, telecast or broadcast, or cause or permit to be advertised, printed, displayed, published, distributed, televised or broadcast, in any manner any statement or representation with regard to the rates, terms,…
Citator
Cal. Bus. & Prof. Code § 10235 — Transactions in Trust Deeds and Real Property Sales Contracts is in force in the current edition of the Code, and nothing recorded condemns it.
No real estate licensee shall knowingly advertise, print, display, publish, distribute, telecast or broadcast, or cause or permit to be advertised, printed, displayed, published, distributed, televised or broadcast, in any manner any statement or representation with regard to the rates, terms, or conditions for making, purchasing or negotiating loans or real property sales contracts which is false misleading or deceptive.
Indicating or otherwise implying any specific yield or return on any note other than the interest rate specified in said note shall be prima facie evidence that such advertisement is misleading or deceptive unless the advertisement sets forth the actual interest rate specified in the note and the discount from the outstanding principal balance at which it is being offered for sale.