2846. Approved Lender/Purchaser Disclosure Statement.

2846. Approved Lender/Purchaser Disclosure Statement. somebody

2846. Approved Lender/Purchaser Disclosure Statement.
(a) The commissioner shall publish and make available to interested persons as an official form of the Bureau of Real
Estate, an approved format and content for the disclosure statements referred to in subdivisions (a) and (b) of Section
10232.5 of the Code.
(b) The publication of a form pursuant to subdivision (a) hereof is for the purpose of aiding real estate licensees in
providing information of significance to prospective lenders and purchasers of promissory notes secured by real
property and real property sales contracts in a uniform and effective manner. The form shall not constitute the only
format or prescribed content that will satisfy the requirements of Section 10232.5 of the Code. The commissioner will
entertain requests for approval of a proposed disclosure statement not in conformance with the form published pursuant
to subdivision (a) only from persons who have established to the satisfaction of the commissioner that the request for
approval is made on behalf of 25 or more real estate brokers who are subject to subdivision (e) of Section 10232 of the
Code.