Bus. & Prof. Code, § 10133.35 · Article 1. Scope of Regulation
Bus. & Prof. Code, § 10133.35
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
A real estate broker’s license shall not be required to engage in any of the following activities with respect to a mineral, oil, or gas property:
(a) To act as a depository under an oil lease, gas lease, or oil and gas lease other than for purpose of sale.
(b) To engage in any transaction subject to an order of a court of competent jurisdiction.
(c) To engage in the business of drilling for or producing oil or gas or mining for or producing minerals.
(d) To negotiate leases or agreements between an owner of mineral, oil, or gas lands, leases, or mineral rights, and a person organized for or engaging in oil or gas or mineral or metal production, or to enter into leases or agreements with an owner of mineral, oil, or gas lands, leases, or mineral rights on behalf of a disclosed or undisclosed person organized for or engaging in oil or gas or mineral or metal production.
(e) To deal with mineral rights or land, other than oil or gas rights or land, as the owner of the rights or land.
Notes and commentary — not statutory text
History
Added by Stats. 1993, Ch. 416, Sec. 3. Effective January 1, 1994.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=10133.35.
- Text hash
- sha256 817af24f9a9159e38c253e6aba09fb146eb0643aad070251a5cd4762c4e97cb2
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 1 provision
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Business and Professions Code
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