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.
03 BMW Z4 3.0i
[ totaled, flood damage
07 BMW 335i Coupe
[ Jet Black - Sport/Premium/Comfort Package ]