2840. Approved Borrower Disclosure Statements.

2840. Approved Borrower Disclosure Statements. somebody

2840. Approved Borrower Disclosure Statements.
(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.