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DIVISION 4. REAL ESTATE 10000-11506›PART 1. LICENSING OF PERSONS 10000-10580›CHAPTER 3. Real Estate Regulations 10130-10249.93›ARTICLE 7. Real Property Loans 10240-10248.3

§ 10241.3

California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California

In any loan transaction in which a fee is charged to a borrower for an appraisal of the real property that will serve as security for the loan, a copy of the appraisal report shall be given by or on behalf of the broker to both the borrower and the lender at or before the closing of the loan transaction.

(Added by Stats. 1984, Ch. 828, Sec. 1.)

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California Business and Professions Code

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