California § 11345.7. 11345.7. (Added by Stats. 2011, Ch. 716, Sec. 4.)

California Statutes

§ 11345.7. — 11345.7. (Added by Stats. 2011, Ch. 716, Sec. 4.)

California § 11345.7.

JurisdictionCalifornia

Code BPCBusiness and Professions Code - BPC

Div. 4.DIVISION 4. REAL ESTATE

Part 3.PART 3. LICENSING AND CERTIFICATION OF REAL ESTATE APPRAISERS

Ch. 4.CHAPTER 4. Licenses and Certification Application

This text of California § 11345.7. (11345.7. (Added by Stats. 2011, Ch. 716, Sec. 4.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 11345.7. (2026).

Text

No person or entity preparing an appraisal or performing appraisal management functions in connection with the origination, modification, or refinancing of a mortgage loan shall have a prohibited direct or indirect interest, financial or otherwise, in the property or the transaction for which the appraisal or appraisal management functions are performed, within the meaning of Section 226.42(d) of Title 12 of the Code of Federal Regulations and the accompanying commentary contained in Volume 75 of the Federal Register, page 66554, dated October 28, 2010.

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No person or entity preparing an appraisal or performing appraisal management functions in connection with the origination, modification, or refinancing of a mortgage loan shall have a prohibited direct or indirect interest, financial or otherwise, in the property or the transaction for which the appraisal or appraisal management functions are performed, within the meaning of Section 226.42(d) of Title 12 of the Code of Federal Regulations and the accompanying commentary contained in Volume 75 of the Federal Register, page 66554, dated October 28, 2010.