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Updated:   2026-02-23

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Measure
Authors Irwin  
Subject Real estate: wholesaling.
Relating To relating to professions and vocations.
Title An act to amend Section 10131 of, and to add Section 10140.9 to, the Business and Professions Code, relating to professions and vocations.
Last Action Dt 2026-02-11
State Introduced
Status Pending Referral
Flags
Vote Req Approp Fiscal Cmte Local Prog Subs Chgs Urgency Tax Levy Active?
Majority No Yes Yes None No No Y
i
Leginfo Link  
Bill Actions
2026-02-12     From printer. May be heard in committee March 14.
2026-02-11     Read first time. To print.
Versions
Introduced     2026-02-11
Analyses TBD
Latest Text Bill Full Text
Latest Text Digest

Existing law, the Real Estate Law, provides for the licensure and regulation of real estate brokers and salespersons by the Real Estate Commissioner, the chief officer of the Department of Real Estate within the Business, Consumer Services, and Housing Agency. Existing law makes it unlawful for any person to engage in the business of, act in the capacity of, advertise as, or assume to act as a real estate broker or a real estate salesperson within this state without first obtaining a real estate license from the Department of Real Estate. Existing law defines a real estate broker for these purposes as a person who, for compensation or in expectation of a compensation, regardless of the form or time of payment, does or negotiates to, among other things, sell or offer to sell, buy or offer to buy, solicit prospective sellers or buyers of, solicit or obtain listings of, or negotiate the purchase, sale, or exchange of real property or a business opportunity for another or others. A willful violation of the Real Estate Law is a crime.