California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 1 — Licensing of Persons, Chapter 3 — Real Estate Regulations, Article 3 — Disciplinary Action, Section 10177.6
When an agent undertakes to arrange financing in connection with a sale, lease, or exchange of real property, or when a person or entity arranging financing in connection with the sale, lease, or exchange of real property undertakes to act as an agent with respect to that property, that agent, person, or entity shall, within 24 hours, make a written disclosure of those roles to all parties to the sale, lease, or exchange, and any related loan transaction. For purposes of this section, “agent” has the same meaning as defined in subdivision (a) of Section 2079.13 of the Civil Code.
Notes
Requires an agent arranging financing for a real-property sale, lease, or exchange, or a financing arranger who also undertakes to act as property agent, to disclose those dual roles in writing within 24 hours. Requires disclosure to all parties to the property transaction and any related loan transaction, using the referenced Civil Code meaning of “agent.”
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10177.6 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-3/article-3/section-10177-6