Business and Professions Code § 10236.1

ARTICLE 5. Transactions in Trust Deeds and Real Property Sales Contracts

Current as of September 28, 2026Bus. & Prof. Code, § 10236.1Official source ↗

Amended by Stats. 1998, Ch. 126, Sec. 1. Effective January 1, 1999.

No real estate licensee shall advertise to give or to offer to give to a prospective purchaser or lender any premium, gift or any other object of value as an inducement for making a loan, or purchasing a promissory note secured directly or collaterally by a lien on real property or a real property sales contract.