California Business and Professions Code 10018.02 – “Seller” means a transferor in a real property transaction, and …
Current as of: 2024 | Check for updates
|
Other versions
“Seller” means a transferor in a real property transaction, and includes an owner who lists real property with a licensee, whether or not a transfer results, or who receives an offer to purchase real property of which he or she is the owner from a licensee on behalf of another. “Seller” includes both a vendor and lessor of real property.
(Added by Stats. 2018, Ch. 285, Sec. 10. (AB 2884) Effective January 1, 2019.)
Terms Used In California Business and Professions Code 10018.02
- 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.