Bus. & Prof. Code, § 10241.3 · Article 7. Real Property Loans

Bus. & Prof. Code, § 10241.3

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

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.

Notes and commentary — not statutory text

History

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

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&sectionNum=10241.3.
Text hash: sha256 817ef52e1adcb61388fbdeb5525b0f777e9431a6207591a10781e28f23e2af0d
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

Provisions in this library whose text cites Bus. & Prof. Code, § 10241.3. Each shows the citation as that text prints it.

Business and Professions Code

Bus. & Prof. Code, § 11423Printed as Section 10241.3

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.