BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



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                                    THIRD READING


          Bill No:  AB 2136
          Author:   Daly (D)
          Amended:  3/24/14 in Assembly
          Vote:     21


           SENATE JUDICIARY COMMITTEE  :  6-0, 6/10/14
          AYES:  Jackson, Anderson, Lara, Leno, Monning, Vidak
          NO VOTE RECORDED:  Corbett

           ASSEMBLY FLOOR  :  78-0, 5/15/14 (Consent) - See last page for  
            vote 


           SUBJECT  :    Contracts:  statute of frauds

           SOURCE  :     California Association of Realtors


           DIGEST  :    This bill exempts electronic messages of an ephemeral  
          nature from the requirement imposed on real estate brokers to  
          retain specified records and transactions for three years from  
          the date of the closing of a transaction.

           ANALYSIS  :    

          Existing law:

          1.Provides that, in order to be valid, certain contracts must be  
            in writing and signed by the party to be charged.  These  
            contracts include: 

             A.   An agreement that cannot, by its terms, be performed  
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               within a year;

             B.   A promise to answer for the debt of another, as  
               specified; 

             C.   An agreement involving or for the sale of real property;

             D.   An agreement that, by its terms, cannot be performed  
               during the life of the promisor; or

             E.   A contract, loan or undertaking to loan more than  
               $100,000.

          1.Requires a real estate broker to retain for three years copies  
            of all listings, deposit receipts, canceled checks, trust  
            records, and other documents in connection with any  
            transactions for which a real estate broker license is  
            required.

          This bill:

          1.Provides that an electronic message of an ephemeral nature  
            that is not designed to be retained or to create a permanent  
            record, including a text message or instant message, is  
            insufficient to constitute a contract to convey real property,  
            in the absence of a written confirmation sufficient to  
            indicate that a contract has been made.

          2.Exempts electronic messages of an ephemeral nature, such as  
            text messages or instant messages, from the above requirement.

           Background
           
          Under the statute of frauds, certain contracts, such as a  
          conveyance of real estate or an agreement that cannot be  
          completed within a year, must be evidenced in a signed writing  
          in order to be enforceable.  Thus, an oral conveyance of real  
          estate generally has no legal effect.  The concept of the  
          statute of frauds is borrowed from English common law and grew  
          from the belief that requiring a signed writing would limit  
          attempts to enforce unfounded and fraudulent claims against the  
          real estate of another.  The statute reflects a recognition that  
          the higher the stakes in a transaction, the greater the  
          incentive to fabricate or distort an agreement, and therefore,  

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          the greater the need for requiring a signed writing.

          There are a number of exceptions to the statute of frauds,  
          including an exception based on the concept of ratification.   
          Under this exception, even if the original contract was oral and  
          unenforceable, if the party against whom enforcement is sought  
          later acknowledges the existence of the contract by a signed  
          writing, the acknowledgment can constitute a ratification of the  
          oral agreement and provide a legal basis for enforcement.

          The courts and Legislature have adapted the statute of frauds to  
          apply to modern communication as technology evolves.  Today,  
          electronic transactions are routine.  Communication by email,  
          somewhat novel 15 years ago, is now part of our daily lives.   
          Although cases involving electronically delivered contract terms  
          have been challenging courts beginning in the 1990s, statutory  
          law now makes clear that a contract cannot be denied enforcement  
          solely because it is in electronic form or signed  
          electronically.  (See Uniform Electronics Transaction Act (UETA)  
          7A U.L.A. 211 (2002) and the Electronic Signatures in Global and  
          National Commerce Act (E-Sign), Pub. L. No. 106-229, 114 Stat.  
          464 (2000).)

          In 1998, California updated the Civil Code to ensure that a  
          contract that is valid in all other respects is not invalid for  
          lack of a writing, provided there is sufficient evidence to  
          indicate that a contract has been made by telephone, exchange of  
          electronic messages, or otherwise.  (SB 1865, Maddy, Chapter 78,  
          Statutes of 1998.)

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  No   Local:  
           No

           SUPPORT  :   (Verified  6/11/14)

          California Association of Realtors (source)
          California Mortgage Association
          Orange County Association of Realtors

           ARGUMENTS IN SUPPORT  :    According to the author, "Existing law  
          pertaining to the retention of documents is out-of-date and thus  
          problematic for real estate brokers.  Short-lived communications  
          such as texts, tweets, etc. are not designed or formatted for  
          long time retention.  Existing law fails to reflect modern  

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          technology and does not include real estate conversations or  
          transactions taking place via social media.  Absent an updating  
          of the law, real estate brokers will be required to preserve  
          printouts of entire conversations via social media, as official  
          records."

           ASSEMBLY FLOOR  :  78-0, 5/15/14
          AYES:  Achadjian, Alejo, Allen, Ammiano, Bigelow, Bloom,  
            Bocanegra, Bonilla, Bonta, Bradford, Brown, Buchanan, Ian  
            Calderon, Campos, Chau, Ch�vez, Chesbro, Conway, Cooley,  
            Dababneh, Dahle, Daly, Dickinson, Donnelly, Eggman, Fong, Fox,  
            Frazier, Beth Gaines, Garcia, Gatto, Gomez, Gonzalez, Gordon,  
            Gorell, Gray, Grove, Hagman, Hall, Harkey, Roger Hern�ndez,  
            Holden, Jones, Jones-Sawyer, Levine, Linder, Logue, Lowenthal,  
            Maienschein, Medina, Melendez, Mullin, Muratsuchi, Nazarian,  
            Nestande, Olsen, Pan, Patterson, Perea, John A. P�rez, V.  
            Manuel P�rez, Quirk, Quirk-Silva, Rendon, Ridley-Thomas,  
            Rodriguez, Salas, Skinner, Stone, Ting, Wagner, Waldron,  
            Weber, Wieckowski, Wilk, Williams, Yamada, Atkins
          NO VOTE RECORDED:  Mansoor, Vacancy


          AL:e  6/12/14   Senate Floor Analyses 

                           SUPPORT/OPPOSITION:  SEE ABOVE

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