{"code":"MVC","codeName":"Military and Veterans Code","section":"987.785","citation":"Mil. & Vet. Code, § 987.785","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 4. VETERANS' AID AND WELFARE [690. - 1008.5.]","url":"https://blackletter.si/military-and-veterans-code/division-4"},{"name":"CHAPTER 6. State Benefits for Veterans [980. - 999.80.]","url":"https://blackletter.si/military-and-veterans-code/division-4/chapter-6"},{"name":"ARTICLE 3.1. Veterans’ Farm and Home Purchase Act of 1974 [987.50. - 987.93.]","url":"https://blackletter.si/military-and-veterans-code/division-4/chapter-6/article-3.1"}],"history":"Amended by Stats. 2012, Ch. 396, Sec. 7.   (AB 1224)   Effective September 20, 2012.","effective":"2012-09-20","html":"<p>Except as set forth in regulations adopted by the department pursuant to Section <a href=\"/mvc/987.93\">987.93</a> with respect to a cooperative dwelling unit, whenever the department cancels a contract and takes possession of a property pursuant to Section <a href=\"/mvc/987.77\">987.77</a> and elects to sell the property covered by a forfeited contract, the department may, at its option, establish a procedure for listing the property for sale, together with similarly located properties, with a licensed real estate broker. The department may, in this connection, prepare schedules of properties available for sale by geographic areas and may offer a schedule from time to time to any licensed real estate broker within the geographic area covered by the schedule for a fee which shall be sufficient to cover the costs to the department in compiling the schedules and making them available. If the department enters into a real estate listing agreement, exclusive or otherwise, with a licensed real estate broker, the department shall cooperate with the broker in all customary respects and make the property available at reasonable times for inspections by prospective purchasers.</p>","text":"Except as set forth in regulations adopted by the department pursuant to Section 987.93 with respect to a cooperative dwelling unit, whenever the department cancels a contract and takes possession of a property pursuant to Section 987.77 and elects to sell the property covered by a forfeited contract, the department may, at its option, establish a procedure for listing the property for sale, together with similarly located properties, with a licensed real estate broker. The department may, in this connection, prepare schedules of properties available for sale by geographic areas and may offer a schedule from time to time to any licensed real estate broker within the geographic area covered by the schedule for a fee which shall be sufficient to cover the costs to the department in compiling the schedules and making them available. If the department enters into a real estate listing agreement, exclusive or otherwise, with a licensed real estate broker, the department shall cooperate with the broker in all customary respects and make the property available at reasonable times for inspections by prospective purchasers.","otherVersions":[],"url":"https://blackletter.si/military-and-veterans-code/veterans-farm-and-home-purchase-act-of-1974-987-785","source":"California Legislative Information bulk export (pubinfo)"}