Buyer-Broker Representation Agreements

Cal. CIV § 1670.50

California Statutes

(

a) A buyer-broker representation agreement shall be executed between a buyer’s agent and a buyer as soon as practicable, but no later than the execution of the buyer’s offer to purchase real property. (

b) The buyer-broker representation agreement shall include, but not be limited to, terms related to all of the following:

(1) Compensation of the real estate broker.

(2) Services to be rendered.

(3) When compensation is due.

(4) Contract termination. (

c) Prior to execution of a buyer-broker representation agreement between the buyer and the buyers’s agent, the buyer’s agent shall provide the disclosure form required by

Section 2079.14 to the buyer. (d)

(1) A buyer-broker representation agreement shall not last longer than three months from the date the agreement was made. This paragraph shall not apply to a buyer-broker representation agreement entered into between a real estate broker and a corporation, limited liability company, or partnership.

(2) A buyer-broker representation agreement shall not renew automatically, and a renewal of a buyer-broker representation agreement shall be in writing and be dated and signed by all parties to the agreement. A renewal of a buyer-broker representation agreement subject to paragraph (1) shall not last longer than three months from the date the renewal was made.

(3) A buyer-broker representation agreement that is made in violation of this subdivision is void and unenforceable. (

e) A person licensed pursuant to Division 4 (commencing with

Section 10000) of the Business and Professions Code who violates this

section shall be deemed to have violated that person’s licensing law. (

f) For the purposes of this section, “buyer-broker representation agreement” means the same as it is defined in subdivision (

p) of

Section 2079.13.

Document details

CollectionCalifornia Statutes
CitationCal. CIV § 1670.50
Date2025-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierCIV1670.50.20245162

Buyer-Broker Representation Agreements

Cal. CIV § 1670.50

California Statutes

Buyer-Broker Representation Agreements

Cal. CIV § 1670.50

California Statutes

(

a) A buyer-broker representation agreement shall be executed between a buyer’s agent and a buyer as soon as practicable, but no later than the execution of the buyer’s offer to purchase real property. (

b) The buyer-broker representation agreement shall include, but not be limited to, terms related to all of the following:

(1) Compensation of the real estate broker.

(2) Services to be rendered.

(3) When compensation is due.

(4) Contract termination. (

c) Prior to execution of a buyer-broker representation agreement between the buyer and the buyers’s agent, the buyer’s agent shall provide the disclosure form required by

Section 2079.14 to the buyer. (d)

(1) A buyer-broker representation agreement shall not last longer than three months from the date the agreement was made. This paragraph shall not apply to a buyer-broker representation agreement entered into between a real estate broker and a corporation, limited liability company, or partnership.

(2) A buyer-broker representation agreement shall not renew automatically, and a renewal of a buyer-broker representation agreement shall be in writing and be dated and signed by all parties to the agreement. A renewal of a buyer-broker representation agreement subject to paragraph (1) shall not last longer than three months from the date the renewal was made.

(3) A buyer-broker representation agreement that is made in violation of this subdivision is void and unenforceable. (

e) A person licensed pursuant to Division 4 (commencing with

Section 10000) of the Business and Professions Code who violates this

section shall be deemed to have violated that person’s licensing law. (

f) For the purposes of this section, “buyer-broker representation agreement” means the same as it is defined in subdivision (

p) of

Section 2079.13.

Document details

CollectionCalifornia Statutes
CitationCal. CIV § 1670.50
Date2025-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierCIV1670.50.20245162