Section 2945.45.
Cal. Civil Code - CIV § 2945.45.
in effect(a)
Except as provided in subdivision (b) of Section 2945.1, a person shall not take any action specified in subdivision (a) of Section 2945.1 unless the person satisfies the following requirements:
(1)
The person registers with, and is issued and maintains a certificate of registration from, the Department of Justice in accordance with the following requirements:
(A)
The person
shall submit a completed registration form, along with applicable fees, to the department. The registration form shall include the name, address, and telephone number of the foreclosure consultant, all of the names, addresses, telephone numbers, Internet Web sites, and e-mail addresses used or proposed to be used in connection with acting as a foreclosure consultant, a statement that the person has not been convicted of, or pled nolo contendere to, any crime involving fraud, misrepresentation, dishonesty, or a violation of this article, a statement that the person has not been liable under any civil judgment for fraud, misrepresentation, or violations of this article or of Section 17200 or 17500 of the Business and Professions Code, and any additional information required by the department.
(B)
The registration form shall be accompanied by a copy of all print or electronic advertising and other promotional material, and scripts of all
telephonic or broadcast advertising and other statements used or proposed to be used in connection with acting as a foreclosure consultant.
(C)
The registration form shall be accompanied by a copy of the bond required pursuant to paragraph (2).
(D)
The person shall file an update of any material change in the information required by subparagraphs (A) and (B) with the department.
(E)
The person shall pay any fee set by the department to defray reasonable costs incurred in connection with the department’s responsibilities under this article.
(2)
The person obtains and maintains in force a surety bond in the amount of one hundred thousand dollars ($100,000). The bond shall be executed by a corporate surety admitted to do business in this state. The bond
shall be made in favor of the State of California for the benefit of homeowners for damages caused by the foreclosure consultant’s violation of this article or any other provision of law. A copy of the bond shall be filed with the Secretary of State, with a copy provided to the department pursuant to subparagraph (C) of paragraph (1).
(b)
The Foreclosure Consultant Regulation Fund is hereby created in the State Treasury for the deposit of fees submitted to the Department of Justice pursuant to subparagraph (A) of paragraph (1) of subdivision (a) for registration as a foreclosure consultant. Moneys in the fund shall be available, upon appropriation by the Legislature, for the costs of the department incurred in connection with the administration of the registration program.
(c)
The Department of Justice may refuse to issue, or may revoke, a certificate of registration because of
any misstatement in the registration form, because the foreclosure consultant has been held liable for the violation of any law described in subparagraph (A) of paragraph (1) of subdivision (a), because the foreclosure consultant has failed to maintain the bond required under paragraph (2) of subdivision (a), or because of any violation of this chapter.
(d)
A person who violates subdivision (a) shall be punished, for each violation, by a fine of not less than one thousand dollars ($1,000) and not more than twenty-five thousand dollars ($25,000), by imprisonment in the county jail for not more than one year, or by both that fine and imprisonment. The imposition of a penalty pursuant to this subdivision shall not be affected by the availability of any other relief, remedy, or penalty provided by law, and shall not affect the availability of any such relief, remedy, or penalty.
References
referencesCal. Business and Professions Code - BPC § 17200.
referencesCal. Business and Professions Code - BPC § 17500.
referencesCal. Civil Code - CIV § 2945.1.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026