- (a) The term “three months” as used in Section 1670.50(d)(1) and (2) of the Civil Code shall mean 90 calendar days with the first day starting on the day following the day that the last party signs the agreement, unless the parties agree in the agreement to a delayed effective date for a different starting date, in which case the 90 calendar days shall start on the agreed-upon date.
- (b) The maximum three-month term limitations set forth in Section 1670.50(d)(1) and (2) of the Civil Code shall not apply to buyer-broker representation agreements between real estate brokers and corporations, limited liability companies, or partnerships.
- (c) Buyer-broker representation agreements required pursuant to Section 1670.50 of the Civil Code shall not renew automatically.
- (d) The parties may renew their buyer-broker representation agreement, but any renewal shall be in writing, dated, and signed by the parties prior to the expiration of the original agreement, and shall not exceed the term limitations set forth in Section 1670.50(d)(2) of the Civil Code. The effective date of the renewal shall be the day the last party signs the renewal agreement.
Note: Authority cited: Section 10080, Business and Professions Code. Reference: Sections 1670.50 and 2079.13, Civil Code.
History
1. New article 18.1 (sections 2906.1-2906.3) and section filed 11-13-2025; operative 1-1-2026 (Register 2025, No. 46).