You are here: California / Business and Professions Code - BPC / ARTICLE 8. Out-of-State Land Promotions [10249. - 10249.93.] / Section 10249.3.

Section 10249.3. (Amended by Stats. 1995, Ch. 723, Sec. 6.)
Cite as: Cal. Bus. & Prof. Code §10249.3.

(a)The commissioner may by regulation prescribe filing fees in connection with registrations with the department pursuant to the provisions of this article that are lower than the maximum fees specified in subdivision (b) if the commissioner determines that the lower fees are sufficient to offset the costs and expenses incurred in the administration of this article. The commissioner shall hold at least one hearing each calendar year to determine if lower fees than those specified in subdivision (b) should be prescribed.

(b)The filing fee for an application for a registration with the department pursuant to the provisions of this article shall not exceed the following for each subdivision or phase of the subdivision in which interests are to be offered for sale or lease:

(1)An application for an original registration: One hundred dollars ($100).

(2)An application for a renewal registration: One hundred dollars ($100).

(3)An application for an amended registration: One hundred dollars ($100).

(c)All fees collected by the Department of Real Estate under authority of this article shall be deposited into the Real Estate Fund under Chapter 6 (commencing with Section 10450) of Part 1. All fees received by the department pursuant to the provisions of this article shall be deemed earned upon receipt. No part of any fee is refundable unless the commissioner determines that it was paid as a result of mistake or inadvertence.





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