Form LBSB, Loan Broker Sale Broker Disclosure
$3.00
Forms are hard copy only and not provided digitally. All sales on single forms are final.
New law (B&P 10177.6) requires a broker to disclose within 24 hours if the broker is acting in the capacity of both a loan broker and a sales broker on the same transaction. Existing law (DRE Reg 2904) already requires such a broker to reveal the amount source and form of compensation before close of escrow.
Revised April 2009
