0 chapters · 8,612 sections in this title.
Bus. & Prof. Code § 10152.5 Section 10152.5
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(a) Pursuant to subdivision (u) of Section 11105 of the Penal Code, the department shall submit to the Department of Justice fingerprint images and related information required by the Department of Justice for all of the following: (1) Original applicants for a salesperson licens…
Bus. & Prof. Code § 10153 Section 10153
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In addition to the proof of honesty and truthfulness required of any applicant for a real estate license, the commissioner shall ascertain by written examination that the applicant, and in case of a corporation applicant for a real estate broker’s license that each officer, or ag…
Bus. & Prof. Code § 10153.01 Section 10153.01
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(a) No person shall cheat on, subvert, or attempt to subvert a licensing examination given by the department. Cheating on, subverting, or attempting to subvert a licensing examination includes, but is not limited to, engaging in, soliciting, or procuring any of the following: (1)…
Bus. & Prof. Code § 10153.1 Section 10153.1
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It is unlawful for any person with respect to any examination under this part to practice any deception or fraud with regard to his or her identity in connection with any examination, application, or request to be examined. Any person who willfully violates or knowingly participa…
Bus. & Prof. Code § 10153.2 Section 10153.2
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(a) An applicant to take the examination for an original real estate broker license shall also submit evidence, satisfactory to the commissioner, of successful completion, at an accredited institution, of: (1) A three-unit semester course, or the quarter equivalent thereof, in ea…
Bus. & Prof. Code § 10153.3 Section 10153.3
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(a) Licenses that were suspended pursuant to former Section 10153.4, as it read on December 31, 2025, and for which the current license status remains suspended due to former Section 10153.4, as that section read on December 31, 2025, shall be deemed expired. The expiration date …
Bus. & Prof. Code § 10153.5 Section 10153.5
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As used in Sections 10151 and 10153.2, “an equivalent course of study” consists of courses at a private vocational school that have been found by the commissioner, upon consideration of an application for approval, to be equivalent in quality to the real estate courses offered by…
Bus. & Prof. Code § 10153.6 Section 10153.6
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All real estate broker licenses issued by the commissioner shall be for a period of four years. Applicants shall qualify in the appropriate examination and satisfy all other requirements prior to issuance of the license. The four-year license may be renewed upon filing the requir…
Bus. & Prof. Code § 10153.7 Section 10153.7
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All real estate salesperson licenses issued by the commissioner shall be for a period of four years. Applicants must qualify in the appropriate examination and satisfy all other requirements prior to issuance of the license. The four-year license may be renewed upon filing the re…
Bus. & Prof. Code § 10153.8 Section 10153.8
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When an applicant for a real estate license fails the qualifying examination, the applicant may apply for reexamination by filing the appropriate application and fee. The application and fee for reexamination shall be filed and the reexamination taken within the two-year period f…
Bus. & Prof. Code § 10156.2 Section 10156.2
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An application on the form prescribed by the commissioner for the renewal of a license, filed before midnight of the last day of the period for which a previous license was issued, accompanied by the applicable renewal fee and good faith evidence of compliance with the provisions…
Bus. & Prof. Code § 10156.5 Section 10156.5
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The commissioner may issue a restricted license to a person: (a) Who is or has been licensed under this chapter and who has been found by the commissioner after a hearing to have violated provisions of Division 4 of this code where such violation would justify the suspension or r…
Bus. & Prof. Code § 10156.6 Section 10156.6
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A restricted license issued pursuant to Section 10156.5 as the commissioner in their discretion finds advisable in the public interest may be restricted: (a) By term. (b) To employment by a particular real estate broker, if a salesperson. (c) By conditions to be observed in the e…
Bus. & Prof. Code § 10156.7 Section 10156.7
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(a) A restricted license issued pursuant to Section 10156.5 does not confer any property right in the privileges to be exercised thereunder, and the holder of a restricted license does not have the right to the renewal of the license. (b) The commissioner may without hearing issu…
Bus. & Prof. Code § 10156.8 Section 10156.8
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As one of the conditions to the issuance of a restricted license authorized by Section 10156.5 the commissioner may require the filing of surety bonds in such form and condition as he may require in respect to the restricted licensee for the protection of persons or classes of pe…
Bus. & Prof. Code § 10157 Section 10157
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No real estate license gives authority to do any act specified in this chapter to any person, other than the person to whom the license is issued.
Bus. & Prof. Code § 10158 Section 10158
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When a real estate license is issued to a corporation, if it desires any of its officers other than the officer designated by it pursuant to Section 10211, to act under its license as a real estate broker, it shall procure an additional license to retain each of those additional …
Bus. & Prof. Code § 10159 Section 10159
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Each officer of a corporation through whom it is licensed to act as a real estate broker need not be a licensed real estate broker, but if not, is authorized only to act as such for and on behalf of the corporation as an officer. This does not preclude a designated corporate offi…
Bus. & Prof. Code § 10159.2 Section 10159.2
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(a) The officer designated by a corporate broker licensee pursuant to Section 10211 shall be responsible for the supervision and control of the activities conducted on behalf of the corporation by its officers and employees as necessary to secure full compliance with the provisio…
Bus. & Prof. Code § 10159.5 Section 10159.5
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(a) (1) Every person applying for a license under this chapter who desires to have the license issued under a fictitious business name shall file with the application a certified copy of their fictitious business name statement filed with the county clerk pursuant to Chapter 5 (c…
Bus. & Prof. Code § 10159.6 Section 10159.6
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All of the following apply to use of a team name, as defined in paragraph (3) of subdivision (a) of Section 10159.7: (a) Notwithstanding subdivision (b) of Section 10140.6, advertising and solicitation materials that contain a team name, including print or electronic media and “f…
Bus. & Prof. Code § 10159.7 Section 10159.7
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(a) For the purposes of this article, the following definitions shall apply: (1) “Fictitious business name” means a professional identity or brand name under which activity requiring a real estate license is conducted and the use of which is subject to approval by the department …
Bus. & Prof. Code § 10161.5 Section 10161.5
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When the holder of a real estate broker’s or salesperson’s license is required to relinquish his or her license to assume an office in local, state, or federal government, he or she may have it reinstated at any time within six months of termination of his or her service in offic…
Bus. & Prof. Code § 10161.8 Section 10161.8
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(a) The commissioner shall specify the manner in which a responsible broker shall provide notice to the commissioner of an affiliation with a real estate licensee or by which a real estate licensee shall provide notice of a change of address or affiliation. (b) Whenever a respons…
Bus. & Prof. Code § 10162 Section 10162
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(a) Every licensed real estate broker shall have and maintain a definite place of business in the State of California that serves as the broker’s office for the transaction of business. This office shall be the place where the broker’s license is displayed and where personal cons…
Bus. & Prof. Code § 10163 Section 10163
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If the applicant for a real estate broker’s license maintains more than one place of business within the State he shall apply for and procure an additional license for each branch office so maintained by him. Every such application shall state the name of the person and the locat…
Bus. & Prof. Code § 10164 Section 10164
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(a) A responsible broker or corporate designated broker officer may appoint a licensee as a manager of a branch office or division of the responsible broker’s or corporate designated broker officer’s real estate business and delegate to the appointed manager the responsibility to…
Bus. & Prof. Code § 10165 Section 10165
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For a violation of Section 10161.8, 10162, 10163, or subdivision (b) of Section 10164, the commissioner may temporarily suspend or permanently revoke the license of the real estate licensee in accordance with this part relating to hearings.
Bus. & Prof. Code § 10165.1 Section 10165.1
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This article does not require the department to post or publish electronic mail addresses or telephone numbers collected pursuant to Section 10150, 10151, or 10162, and if released by the department, the information shall be released in a way that discourages its use in unauthori…
Bus. & Prof. Code § 10166.01 Section 10166.01
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For purposes of this article, the following definitions shall apply: (a) “SAFE Act” means the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Public Law 110-289). (b) (1) “Mortgage loan originator” means an individual who takes a residential mortgage loan …
Bus. & Prof. Code § 10166.02 Section 10166.02
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(a) A real estate broker who acts pursuant to Section 10131.1 or subdivision (d) or (e) of Section 10131, and who makes, arranges, or services loans secured by real property containing one to four residential units, and any salesperson who acts in a similar capacity under the sup…
Bus. & Prof. Code § 10166.03 Section 10166.03
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(a) A loan processor or underwriter who does not represent to the public, through advertising or other means of communicating or providing information, including the use of business cards, stationery, brochures, signs, rate lists, or other promotional items, that the individual c…
Bus. & Prof. Code § 10166.04 Section 10166.04
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(a) In connection with an application to the commissioner for a license endorsement as a mortgage loan originator, every applicant shall furnish to the Nationwide Multistate Licensing System and Registry information concerning the applicant’s identity, including the following: (1…
Bus. & Prof. Code § 10166.05 Section 10166.05
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Notwithstanding any other provision of law, the commissioner shall not issue a license endorsement to act as a mortgage loan originator to an applicant unless the commissioner makes all of the following findings: (a) The applicant has never had a mortgage loan originator license …
Bus. & Prof. Code § 10166.051 Section 10166.051
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In addition to any penalties authorized by regulations adopted pursuant to Section 10166.15, the commissioner may do one or more of the following, after appropriate notice and opportunity for hearing: (a) Deny, suspend, revoke, restrict, or decline to renew a mortgage loan origin…
Bus. & Prof. Code § 10166.06 Section 10166.06
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(a) In addition to the requirements of Section 10153, an applicant for a license endorsement as a mortgage loan originator shall complete at least 20 hours of education courses, which shall include at least the following: (1) Three hours of federal law and regulations. (2) Three …
Bus. & Prof. Code § 10166.07 Section 10166.07
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(a) A real estate broker who acts pursuant to Section 10131.1 or subdivision (d) or (e) of Section 10131, and who makes, arranges, or services one or more loans in a calendar year that are secured by real property containing one to four residential units, shall annually file a bu…
Bus. & Prof. Code § 10166.08 Section 10166.08
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Each mortgage loan originator shall submit reports of condition to the Nationwide Multistate Licensing System and Registry reports of condition, and those reports shall be in the form and shall contain information as the Nationwide Multistate Licensing System and Registry may req…
Bus. & Prof. Code § 10166.09 Section 10166.09
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The minimum standards for renewal of an endorsement as a mortgage loan originator shall include the following: (a) The mortgage loan originator continues to meet the minimum standards for obtaining an endorsement as a mortgage loan originator. (b) The mortgage loan originator sat…
Bus. & Prof. Code § 10166.10 Section 10166.10
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(a) A mortgage loan originator shall complete at least eight hours of continuing education annually, which shall include at least three hours relating to federal law and regulations, two hours of ethics, which shall include instruction on fraud, consumer protection, and fair lend…
Bus. & Prof. Code § 10166.11 Section 10166.11
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(a) A real estate broker who acts pursuant to Section 10131.1 or subdivision (d) or (e) of Section 10131 and who makes, arranges, or services loans secured by real property containing one to four residential units, shall keep documents and records that will properly enable the co…
Bus. & Prof. Code § 10166.12 Section 10166.12
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(a) As often as the commissioner deems necessary and appropriate, the commissioner shall examine the affairs of each real estate broker who is required to notify the commissioner or obtain a license endorsement pursuant to Section 10166.02 for compliance with this part. These exa…
Bus. & Prof. Code § 10166.13 Section 10166.13
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A real estate broker who acts pursuant to Section 10131.1 or subdivision (d) or (e) of Section 10131 and who makes, arranges, or services loans secured by real property containing one to four residential units shall make any special reports to the commissioner that the commission…
Bus. & Prof. Code § 10166.14 Section 10166.14
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A real estate broker shall notify the department when he or she is no longer subject to this part. If a broker has already made reports required by Sections 10166.07 and 10166.08 within the year, he or she shall continue reports for that year, but shall notify the department prio…
Bus. & Prof. Code § 10166.15 Section 10166.15
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(a) The commissioner shall regularly report violations of this article, as well as enforcement actions taken against any mortgage loan originator to whom an endorsement has been issued, and enforcement actions taken against any individual for failure to obtain an endorsement as a…
Bus. & Prof. Code § 10166.16 Section 10166.16
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(a) Except as otherwise provided in Section 1512 of the SAFE Act, the requirements under any federal or state law regarding the privacy or confidentiality of any information or material provided to the Nationwide Multistate Licensing System and Registry, and any privilege arising…
Bus. & Prof. Code § 10166.17 Section 10166.17
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In addition to any other duties imposed upon the commissioner by law, the commissioner shall require mortgage loan originators to be licensed and registered through the Nationwide Multistate Licensing System and Registry. In order to carry out this requirement the commissioner is…
Bus. & Prof. Code § 10167 Section 10167
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The definitions used in this section shall govern the construction and terms as used in this article: (a) “Prepaid rental listing service” means the business of supplying prospective tenants with listings of residential real properties for tenancy, by publication or otherwise, pu…
Bus. & Prof. Code § 10167.1 Section 10167.1
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This article shall not apply to a newspaper of general circulation.
Bus. & Prof. Code § 10167.10 Section 10167.10
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(a) (1) A licensee shall refund in full the fee paid by a prospective tenant if the licensee does not, within five days after execution of the contract, supply at least three rental properties then available to the prospective tenant and meeting the specifications of the contract…