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
Inducement Prohibited
10236.1. No real estate licensee shall advertise to give or to offer to give to a prospective purchaser or lender any premium, gift or any other object of value as an inducement for making a loan, or purchasing a promissory note secured directly or collaterally by a lien on real property or a real property sales contract.