10131.45. MOG Property – License Required as Principal
Real Estate Law, Subdivided Lands Law and Vacation Ownership and Time-Share Act of 2004 As amended and in effect January 1, 2023 From the Business and Professions Code
MOG Property – License Required as Principal
10131.45. A real estate broker within the meaning of this part is also a person who engages in the following businesses as a principal:
(a) Except as provided in subdivision (d) of Section 10133.35, buying or leasing, or taking an option on mineral, oil, or gas property for the purpose of sale, exchange, lease, sublease, or assignment of a lease of the property or any part of the property.
(b) Offering mining claims or any interest therein for sale or assignment.