[Approved by Governor September 30, 2013. Filed with Secretary of State September 30, 2013.]
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.
The people of the State of California do enact as follows:
Section 1102.6 of the Civil Code is amended to read:
(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:
[6 pages]
(b) The amendments to this section by the act adding this subdivision shall become operative on July 1, 2014.
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