California Administrative Code

“All funds from the sale of time-share interests as the commissioner shall determine are sufficient to assure construction of the improvement or improvements” as used in Section 11230(b) of the Code, means 100% of all funds received from purchasers up to a maximum of the amount r…

§ 2810.1. Regulations Applicable to Time-Share Projects. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF989D1F25C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=C…

§ 2810.2. Availability and Suitability for Time-Share Project. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF98EB3E95C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transition…

§ 2810.3. Time-Share Point Systems. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF9936ED35C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&conte…

§ 2810.4. Addition of Dwelling Units to the Project. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF995B8C55C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=Categ…

§ 2812.8. Managing Agent Employment. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF9DB4D415C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&cont…

§ 2812.9. Rental of Occupancy Periods to Public. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF9DD97395C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryP…

§ 2813. Member's Meetings. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF9ECD97A5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(s…

§ 2813.1. Members' Voting Rights. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IF9F194695C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&context…

§ 2819.85. Submission of Advertising. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFA43FA245C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&con…

§ 2819.9. Evidence for Specific Findings. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFA3972DB5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem…

§ 2819.96. Report of Withdrawals. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFA48B51B5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&context…

§ 2820. Purpose and Objective. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFA4D700A5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextDat…

(a)(1) A subdivider shall maintain or cause to be maintained, in accordance with accepted accounting practices, records of all funds received from prospective purchasers or lessees of subdivisions interests. (2) A subdivider shall maintain or cause to be maintained, in accordance…

§ 2840.1. Alternative Approved Borrower Disclosure Statement. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFAF5E50C5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionT…

(a) The term “negotiation” as used in Section 10133.1(c) of the Code does not include any of the limited activities described as follows when done by an employee of a real estate broker under the control, direction and supervision of the broker: (1) Preparing and designing advert…

A real estate licensee who negotiates a promissory note secured by a trust deed on real property pursuant to Section 10238 of the Code shall cause the trust deed to be executed naming as beneficiaries the lenders or their nominee (who shall not be the licensee or the licensee's n…

For purposes of Section 10240 of the Code a loan application shall be considered complete when the licensee receives or has prepared a written application on an application form or forms normally used by the lender for a Federally Related Mortgage Loan, and as to non-federally re…

§ 2849.2. Recording Trust Deeds or Assignments. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFBA7F6F55C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPa…

§ 2849.3. Withdrawing Funds from Escrow. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFBAADD2C5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&…

§ 2849.31. Treatment of Funds to Be Reinvested. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFBBB57EB5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPa…

It shall constitute misrepresentation under Section 10176(a) of the Code for a real estate licensee who acts as an agent for either party in a transaction for the sale, lease or exchange of real property, a business opportunity or a mobilehome as described in Section 10131.6 of t…

In a real estate transaction subject to the provisions of Section 1099 of the Civil Code, the real estate broker acting as agent for the seller in the transaction shall effect delivery of the inspection report, certification and the notice of work completed, if any, to the buyer …

(a) The term “three months” as used in Section 1670.50(d)(1) and (2) of the Civil Code shall mean 90 calendar days with the first day starting on the day following the day that the last party signs the agreement, unless the parties agree in the agreement to a delayed effective da…

(a) The cited person or entity may contest any or all of the following aspects of the citation: (1) The occurrence of a violation of the Real Estate Law; (2) Reasonableness of an order of correction; (3) The period of time allowed for correction; (4) The amount of an administrati…

The Bureau will apply parallel standards and process to mortgage loan originator license endorsements as the Real Estate Law and Regulations of the Real Estate Commissioner apply to real estate licenses with regard to disciplinary procedure, voluntary surrender of license, statut…

The following acts in the handling of an escrow by a real estate broker exempted from the provisions of the Escrow Law (by Section 17006(a)(4) of the Financial Code) are prohibited and may be considered grounds for disciplinary action: (a) Soliciting or accepting an escrow instru…

The provisions of Sections 2831, 2831.1, 2831.2, 2832, 2832.1, 2834 and 2835 of these regulations shall apply to the handling of funds and the keeping of records by a real estate broker who is not licensed under the Escrow Law (Section 17000, et seq., of the Financial Code) when …

Unless otherwise expressly indicated or compelled by the context in which used, words, phrases and short form references appearing in this Article shall have meanings as ascribed herein. (a) “Bar” -- to prohibit or exclude from. (b) “Business activities” -- include, but are not l…

An order of suspension or debarment pursuant to Section 10087 may be based upon a finding by the Commissioner of one or more of the following grounds: (a) The suspension or bar is in the public interest and the person subject to suspension or bar has committed or caused a violati…

(a) Application of Foreign (Other State) Credit Union. An application for a credit union organized and duly qualified as a credit union in another state to operate pursuant to the Foreign (Other State) Credit Union Law shall be filed with the Commissioner at any of the offices of…

In case any provision of this Subchapter is inconsistent with any provision of Subchapter 1 (commencing with Section 1.1) or Subchapter 5 (commencing with Section 5.1) (except the provisions of Article 7 (commencing with Section 5.6000) of Subchapter 5) of this Chapter, the provi…

(a) Investments made by a credit union pursuant to Sections 14652, 14653 and 14653.5 of the Financial Code shall be subject to the following provisions: (1) The board of directors of a credit union shall adopt and review at least annually, and the credit union shall comply with, …

(a) The secretary of a credit union shall maintain complete minutes of the board of directors' meetings. The minutes shall include authorization of investments and withdrawals, authorization of borrowing, authorization of charge-off of accounts, authorization of payments of inter…

A credit union shall keep the Commissioner advised at all times of the address at which said books and records are maintained and the office hours of the credit union.

(a) The following books and records are to be retained permanently at the office of the credit union. (1) Articles of incorporation, bylaws and amendments to the articles and bylaws. (2) Certificate to act as a credit union, amendments thereto, and administrative orders of the Co…

§ 30.603. Accounting: Change of System. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/I8FF5781A5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&c…

§ 30.604. Disbursements. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/I8FF7C20A5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.…

§ 3005. Definitions. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFDD2ED4D5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Defa…

§ 3005.1. Access to Offerings. [Repealed] This database is current through 5/1/26 Register 2026, No. 18. Source: https://govt.westlaw.com/calregs/Document/IFDD648AA5C2F11EC9C68000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextDat…

In acting on an application for approval of a continuing education offering, the Commissioner shall apply, but shall not be limited to the application of the following criteria in determining that the appropriate hours of continuing education credit will be given to licensees who…

If an offering had approval at the time of registration by a licensee, credit for the offering shall be given to the licensee at the time of license renewal notwithstanding the fact that approval had expired and had not been renewed or reinstated at the time that the applicant su…

(a) If the claim for continuing education credit is based upon development of education programs, submit a statement under penalty of perjury including at least the following information: (1) A clear and complete description of the education program. (2) A description of the role…

An extension of the time for completing the continuing education requirements may be obtained by submitting with the regular renewal application evidence showing that applicant was unable to comply with the continuing education requirements. Such evidence may be (1) health reason…

The sponsor shall maintain a record of attendance or registration and final examination grade of each participant, for a period of five years, sufficient to allow for the preparation of a duplicate certificate upon request by a participant.

The term “good standing” as used in Section 10170.8 of the Code means an active license that has not been suspended, revoked, or restricted as a result of disciplinary action. A license shall retain good standing if (a) the license was renewed without expiration, or (b) the licen…

(a) The Notice of Exemption required to be filed with the Commissioner of Financial Protection and Innovation under subdivision (b) of Section 31106 of the Code shall be made on the following form: Department Use Only A. Department of Financial Protection and Innovation Fee paid …

When the person filing the application for registration is a subfranchisor, the application shall also include the same information concerning the subfranchisor as is required from the franchiser.