A real estate broker within the meaning of this part is also a person who engages in the business of claiming, demanding, charging, receiving, collecting or contracting for the collection of an advance fee in connection with any employment undertaken to promote the sale or lease of real property or of a business opportunity by advance fee listing, advertisement or other offering to sell, lease, exchange or rent property or a business opportunity, or to obtain a loan or loans thereon.
Cal. Bus. & Prof. Code § 10131.2
Scope of Regulation
Known as the Real Estate Law
The act spans §§ 10000–10580 (368 sections).
Applied in 1 court decision — leading case 504 F. Supp. 1199 - Baron & Co., Inc. v. Bank of New Jersey (1981)
Most recently applied in 504 F. Supp. 1199 - Baron & Co., Inc. v. Bank of New Jersey (January 1981)
Amended by Stats. 1965, Ch. 172.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.