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HomeBusiness and Professions CodeDiv. 4Pt. 1Ch. 3Art. 6§ 10238 Mortgage Loan Notice Filing

§ 10238 Mortgage Loan Notice Filing

Business and Professions Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 10238 Mortgage Loan Notice Filing

Key Takeaways

  • •You must tell the Real Estate Commissioner about your business within 30 days of starting.
  • •If anything big changes in your business, you have 30 days to tell them about that too.
  • •Use the special form they ask for when you send the notice.

Example

You start a new company that helps people get home loans.

You have to send a notice to the Real Estate Commissioner within 30 days of your first deal. If later you change your company’s name or address, you have to tell them again within 30 days.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 10238 Mortgage Loan Notice Filing

(a) A notice in the following form and containing the following information shall be filed with the commissioner within 30 days after the first transaction and within 30 days of any material change in the information required in the notice: TO: Real Estate Commissioner Mortgage Loan Section 1651 Exposition Boulevard Sacramento, CA 95815 This notice is filed pursuant to Sections 10237 and 10238 of the Business and Professions Code. ( ) Original Notice( ) Amended Notice

Last verified: January 22, 2026

Key Terms

noticecommissioner30 daysfirst transactionmaterial changeSections 10237 and 10238Business and Professions Code

Related Statutes

  • § 10 Multilender Notes Interest Sales
  • § 10138 Unlicensed Real Estate Compensation
  • § 10144 Real Estate Land Application Contracts
  • § 10150 Broker License Examination Application
  • § 10161.8 Broker Licensee Affiliation Notices

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Business and Professions Code. Section 10238.
View Official Source