California Business and Professions Code 10018.05 – “Buyer” means a transferee in a real property transaction, and …
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“Buyer” means a transferee in a real property transaction, and includes a person who executes an offer to purchase real property from a seller through a licensee, whether or not a transfer results, or who seeks the services of a licensee in more than a casual, transitory, or preliminary manner, with the object of entering into a real property transaction. “Buyer” includes a purchaser, vendee, or lessee of real property.
(Added by Stats. 2018, Ch. 285, Sec. 13. (AB 2884) Effective January 1, 2019.)
Terms Used In California Business and Professions Code 10018.05
- Licensee: means any person authorized by a license, certificate, registration, or other means to engage in a business or profession regulated by this code or referred to in Sections 1000 and 3600. See California Business and Professions Code 23.8
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.