California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 1 — Licensing of Persons, Chapter 3 — Real Estate Regulations, Article 1 — Scope of Regulation, Section 10131.45

A real estate broker within the meaning of this part is also a person who engages in the following businesses as a principal:

(a) Except as provided in subdivision (d) of Section 10133.35, buying or leasing, or taking an option on mineral, oil, or gas property for the purpose of sale, exchange, lease, sublease, or assignment of a lease of the property or any part of the property.

(b) Offering mining claims or any interest therein for sale or assignment.

Notes

Defines a real estate broker to include a principal engaged in buying, leasing, or taking options on mineral, oil, or gas property for later sale, exchange, lease, sublease, or lease assignment, except as provided by the specified exemption. Also includes a principal offering mining claims or interests in them for sale or assignment.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 10131.45 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-3/article-1/section-10131-45

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