Bill Text

Bill Information

PDF |Add To My Favorites |Track Bill | print page

SB-652 Real property disclosures: construction defect litigation.(2013-2014)

SHARE THIS:share this bill in Facebookshare this bill in Twitter
SB652:v93#DOCUMENT

Senate Bill No. 652
CHAPTER 431

An act to amend Section 1102.6 of the Civil Code, relating to real property.

[ Approved by Governor  September 30, 2013. Filed with Secretary of State  September 30, 2013. ]

LEGISLATIVE COUNSEL'S DIGEST


SB 652, DeSaulnier. Real property disclosures: construction defect litigation.
Existing law requires the transferor of residential property to make certain disclosures to a prospective transferee and requires these disclosures to be made on a specified form.
This bill would revise the transfer disclosure form to additionally disclose to a potential transferee specified claims for damages by the seller.
The bill would make its provisions operative on July 1, 2014.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 1102.6 of the Civil Code is amended to read:

1102.6.
 (a) The disclosures required by this article pertaining to the property proposed to be transferred are set forth in, and shall be made on a copy of, the following disclosure form:
(b) The amendments to this section by the act adding this subdivision shall become operative on July 1, 2014.