2016 Changes To The Laws Regulating Threshold Real Estate Brokers
By DeAnn Chase November 21, 2016 Category: Real Estate
Many California state laws are revised or amended each year. It's never too late to review some of the changes going forward as we approach the end of the year. 2016 saw a multitude of federal and state laws that affect the sale of real estate, as well as the agents and brokers thereof. Senate Bill 647, codified as California Business and Professions Code ยงยง 10232.3, 10232.45 and 10238 respectively, became effective January 1, 2016. This law makes various changes to the rules governing threshold brokers including: adding a category of properties they are permitted to solicit; changing the timing... READ MORE