Each advertisement or other statement which is published by a real estate broker or salesperson offering to assist persons to file applications for the purchase or lease of, or to locate or enter upon, lands owned by the state or federal government shall, when published, indicate the name of the broker for whom it is published and state that the broker is licensed as a real estate broker by the State of California.

(Amended by Stats. 2016, Ch. 177, Sec. 24. (AB 685) Effective January 1, 2017.)

Terms Used In California Business and Professions Code 10140.5

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Salesperson: when used without modification, means a person licensed as a salesperson under any of the provisions of this part. See California Business and Professions Code 10013
  • State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21
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