2904. Disclosure of Compensation for Obtaining Financing.

2904. Disclosure of Compensation for Obtaining Financing. somebody

2904. Disclosure of Compensation for Obtaining Financing.
It shall constitute misrepresentation under Section 10176(a) of the Code for a real estate licensee who acts as the agent
for either party in a transaction for the sale, lease or exchange of real property, a business opportunity or a mobilehome
as described in Section 10131.6 of the Code, and who receives compensation, or who anticipates receiving
compensation, from a lender in connection with the securing of financing for the transaction, to fail to disclose to both
parties, prior to the closing of the transaction, the form, amount and source of compensation received or expected.