2019 California Code
Civil Code - CIV
DIVISION 2 - PROPERTY
PART 4 - ACQUISITION OF PROPERTY
TITLE 4 - TRANSFER
CHAPTER 1 - Transfers in General
ARTICLE 6 - Agency Listings for the Transfer of Certain Property
Section 1087.

Universal Citation: CA Civ Code § 1087 (2019)
1087.  

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.

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

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