Cal. Bus. & Prof. Code § 10236.1

Current through the 2023 Legislative Session.

Section 10236.1 - No inducement for making loan or purchasing promissory note

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.

Ca. Bus. and Prof'l. Code § 10236.1

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