Cal. Code Regs. Tit. 10, § 2840 - Approved Borrower Disclosure Statements

Current through Register 2021 Notice, Register No. 40, October 1, 2021

(a) The Commissioner shall publish and make available to interested persons as official forms of the Bureau of Real Estate Forms RE 882 (Rev. 8/08) and RE 883 (Rev. 8/08) which are incorporated by reference. Forms RE 882 and RE 883 contain approved format and content for the disclosure statement required by subdivision (a) of Section 10240 of the Code and Section 10241 of the Code.
(b) The publication of the forms pursuant to subdivision (a) hereof is for the purpose of aiding real estate licensees in providing the disclosure of material information to prospective borrowers in a uniform and effective manner.
(c) A real estate broker must obtain the prior written approval of the Commissioner if he/she wishes to use forms different than those referred to in (a). Forms that do not adequately provide the information required by the forms in subsection (a) above, as appropriate, and in a format that is easily used by the Bureau will not be approved.

Notes

Cal. Code Regs. Tit. 10, § 2840

Note: Authority cited: Sections 10080 and 10240.3, Business and Professions Code. Reference: Sections 10240, 10240.3 and 10241, Business and Professions Code.

1. Amendment filed 11-19-69; designated effective 1-2-70 (Register 69, No. 47). For prior history, see Register 63, No. 14.
2. Repealer and new section filed 4-17-73 as an emergency; designated effective 4-18-73. Certificate of Compliance included (Register 73, No. 16).
3. Amendment filed 12-11-73 as an emergency; designated effective 1-1-74. Certificate of Compliance included (Register 73, No. 50).
4. Amendment filed 12-3-80; effective thirtieth day thereafter (Register 80, No. 49).
5. Amendment filed 2-17-83; designated effective 2-20-83 pursuant to Government Code Section 11346.2(d) (Register 83, No. 8).
6. Amendment of subsection (a) filed 11-16-87; operative 12-16-87 (Register 87, No. 47).
7. Amendment filed 3-18-88; operative 4-17-88 (Register 88, No. 14).
8. Amendment filed 7-12-91; operative 8-11-91 (Register 91, No. 44).
9. Amendment of subsections (a)-(c) filed 11-8-93; operative 12-8-93 (Register 93, No. 46).
10. Amendment of subsection (b) filed 11-13-96; operative 11-13-96 pursuant to Government Code section 11343.4(d) (Register 96, No. 46).
11. Amendment of subsection (a) filed 12-30-97; operative 1-29-98 (Register 98, No. 1).
12. Amendment of section and Note filed 3-17-2005; operative 4-16-2005 (Register 2005, No. 11).
13. Amendment of section heading, repealer and new section and amendment of Note filed 8-29-2007; operative 9-28-2007 (Register 2007, No. 35).
14. Amendment of section and Note filed 1-14-2008 as an emergency; operative 1-14-2008 (Register 2008, No. 3). A Certificate of Compliance must be transmitted to OAL by 7-14-2008 or emergency language will be repealed by operation of law on the following day.
15. Certificate of Compliance as to 1-24-2008 order, including further amendment of subsections (a) and (b), transmitted to OAL 7-3-2008 and filed 8-15-2008 (Register 2008, No. 33).
16. Change without regulatory effect amending subsections (a) and (c) filed 6-30-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 27).

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