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

Article 5 added by Stats. 1961, Ch. 886.

§§ 10230–10236.7 · 27 sections

§ 10230 (a) The provisions of this article do not apply to the negotiation of a loan by or on behalf of a real estate broker in connection with a qualifying sale or…
§ 10231 Except as authorized by permit issued pursuant to the applicable provisions of the Corporate Securities Law of 1968 (Section 25000 et seq. of the Corporations…
§ 10231.1 No person in doing any of the acts set forth in subdivision (d) of Section 10131, subdivision (e) of Section 10131, and Section 10131.1 shall, as agent or…
§ 10231.2 (a) A real estate broker who, through express or implied representations that the broker or any salesperson acting on the broker’s behalf is engaging in acts…
§ 10232 (a) Except as otherwise expressly provided, Sections 10232.2, 10232.25, 10233, and 10236.6 are applicable to every real estate broker who intends or reasonably…
§ 10232.1 (a) A real estate broker, prior to the use of any proposed advertisement in connection with the conduct of activities described in subdivisions (d) and (e) of…
§ 10232.2 A real estate broker who meets the criteria of subdivision (a) of Section 10232 shall annually file the reports referred to in subdivisions (a) and (c) with…
§ 10232.25 (a) A real estate broker who meets the criteria of subdivision (a) of Section 10232 shall, within 30 days after the end of each of the first three fiscal…
§ 10232.3 (a) Any transaction that involves the sale of or offer to sell a note secured directly by an interest in one or more parcels of real property or the sale of an…
§ 10232.4 (a) In making a solicitation to a particular person and in negotiating with that person to make a loan secured by real property or to purchase a real property…
§ 10232.45 (a) Any broker subject to the provisions of Section 10232.3 or Article 6 (commencing with Section 10237) shall make reasonable efforts to ensure all of the…
§ 10232.5 (a) If the real estate broker is performing acts described in subdivision (d) of Section 10131 in negotiating a loan to be secured by a lien on real property…
§ 10232.6 (a) A real estate broker, acting within the course and scope of his or her license, who arranges for or engages the services of an appraiser licensed or…
§ 10233 A real estate licensee who undertakes to service a promissory note secured directly or collaterally by a lien on real property or a real property sales…
§ 10233.1 If a real estate broker in servicing a real property sales contract or a promissory note secured directly or collaterally by a lien on real property for the…
§ 10233.2 For the purposes of Division 3 (commencing with Section 3101) and Division 9 (commencing with Section 9101) of the Commercial Code, when a broker, acting…
§ 10234 (a) Except as provided in subdivision (d), every real estate licensee who negotiates a loan secured by a trust deed on real property shall cause the trust deed…
§ 10234.5 In addition to the requirements of Section 10234, in the placing of any loan, a broker shall deliver or cause to be delivered conformed copies of any deed of…
§ 10235 No real estate licensee shall knowingly advertise, print, display, publish, distribute, telecast or broadcast, or cause or permit to be advertised, printed,…
§ 10235.5 (a) A real estate licensee or mortgage loan originator shall not place an advertisement disseminated primarily in this state for a loan unless there is…
§ 10236 The commissioner in his or her discretion may honor requests from interested persons for interpretive opinions with respect to any provision of this article or…
§ 10236.1 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…
§ 10236.2 (a) A real estate broker who satisfies the criteria of subdivision (a) or (b) of Section 10232 and who fails to notify the Department of Real Estate, in…
§ 10236.4 (a) In compliance with Section 10235.5, every licensed real estate broker shall also display their license number on all advertisements where there is a…
§ 10236.5 A real estate broker shall notify the department when he or she is no longer servicing or arranging loans subject to the reporting requirements of Section…
§ 10236.6 (a) The commissioner, in his or her discretion, may audit any broker who conducts transactions subject to the provisions of this article. The audit shall be…
§ 10236.7 (a) A real estate broker, when engaging in acts for which a license is required, who arranges a transaction pursuant to Article 6 (commencing with Section…