You are here: California / Business and Professions Code - BPC / ARTICLE 6. Real Property Securities Dealers [10237. - 10238.8.] / Section 10237.4.

Section 10237.4. (Amended by Stats. 1985, Ch. 1355, Sec. 2.)
Cite as: Cal. Bus. & Prof. Code §10237.4.

Every person selling a real property security shall personally sign and deliver to the purchaser a statement in writing, containing all the information required by Section 10232.5, before the purchaser shall be obligated to complete the transaction. No seller shall permit the purchaser to sign the statement if any information required by Section 10232.5 is omitted. The seller shall retain an executed copy of the statement for four years.

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