Great, thanks for the information "gindajatt1"! I wasn't sure about the illuminated Brake Light. I found it a bit strange that Handbrake light is no illuminated as well, as I was not sure they were tied together. But it sounds as if the Handbrake light does become activated once the CBS light for brakes is activated.
'11 335i M-Sport xDrive Coupe [LMB] COBB V3 & PTF Tune | 4in BERK DP | VRSF 5in FMIC | BMS Intake | ER CP | Exotics Tuning CF Lip | CF Diffuser | Eibach Springs | Bilstein Shocks
'07 BMW 335i Coupe & BMW Z4 3.0i - Gone