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
Charges Limited by Section 10242
10248. Every person who, for compensation to be received directly or indirectly, sells, offers to sell, purchases for resale or offers to purchase for resale, or who negotiates or arranges for the purchase, sale or exchange of a promissory note secured directly or collaterally by a lien on real property, may receive only the maximum total charges provided for in Section 10242.