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Earlier editions: 2020-112018-11

DIVISION 4. REAL ESTATE 10000-11506›PART 1. LICENSING OF PERSONS 10000-10580›CHAPTER 3. Real Estate Regulations 10130-10249.93›ARTICLE 5. Transactions in Trust Deeds and Real Property Sales Contracts 10230-10236.7

§ 10235.5

California Business and Professions Code · 2026 edition · updated 2026-10-04 · California

(a) A real estate licensee or mortgage loan originator shall not place an advertisement disseminated primarily in this state for a loan unless there is disclosed within the printed text of that advertisement, or the oral text in the case of a radio or television advertisement, the Department of Real Estate number and the unique identifier assigned to that licensee by the Nationwide Multistate Licensing System and Registry under which the loan would be made or arranged.

(b) “Mortgage loan originator,” “unique identifier,” and “Nationwide Multistate Licensing System and Registry” have the meanings set forth in Section 10166.01.

(Amended by Stats. 2022, Ch. 511, Sec. 68. (SB 1495) Effective January 1, 2023.)

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California Business and Professions Code

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