10/17/2016: Some of the information in this article has been updated by a new law. To see the new law, click here.
Calif. Business & Professions Code §§10159.5. 10159.6, 10159.7
Amended by S. B. 146
Effective date: July 16, 2015
Fictitious business names
A salesperson may file for and maintain a fictitious business name with the authorization of their employing broker.
In addition to the saleperson’s license number and name, all advertising and solicitation materials using the salesperson’s fictitious business name now need to include the employing broker’s license number and the name associated with that license number in CalBRE records.
Team names
All advertising and solicitation materials using a team name need to include:
- the license number and name of at least one licensed member of the team; and
- the employing broker’s license number and the name associated with that license number in CalBRE records.
Read more:
Read the bill text.