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California Civil Code

§ 1087

CIV § 1087 Effective Jan 1, 2019Div. 2 · Title 4 · Part 4 · Ch. 1 · Art. 6

Statute text

View on leginfo.ca.gov
A multiple listing service (MLS) is a facility of cooperation of agents and appraisers, operating through an intermediary that does not itself act as an agent or appraiser, through which agents establish express or implied contracts for compensation between agents that are MLS participants in accordance with its MLS rules with respect to listed properties in a listing agreement, or that may be used by agents and appraisers, pursuant to the rules of the service, to prepare market evaluations and appraisals of real property.

Legislative history

Amended by Stats. 2018, Ch. 907, Sec. 2. (AB 1289) Effective January 1, 2019.

Source: California Civil Code § 1087 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.