Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 10241.3 — Real Property Loans
Cal. Bus. & Prof. Code § 10241.3
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In any loan transaction in which a fee is charged to a borrower for an appraisal of the real property that will serve as security for the loan, a copy of the appraisal report shall be given by or on behalf of the broker to both the borrower and the lender at or before the closing of the loan…
Citator
Cal. Bus. & Prof. Code § 10241.3 — Real Property Loans is in force in the current edition of the Code, and nothing recorded condemns it.
In any loan transaction in which a fee is charged to a borrower for an appraisal of the real property that will serve as security for the loan, a copy of the appraisal report shall be given by or on behalf of the broker to both the borrower and the lender at or before the closing of the loan transaction.