California 2023 2023-2024 Regular Session

California Assembly Bill AB968 Introduced / Bill

Filed 02/14/2023

                    CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 968Introduced by Assembly Member GraysonFebruary 14, 2023 An act to amend Section 1102 of the Civil Code, relating to real property. LEGISLATIVE COUNSEL'S DIGESTAB 968, as introduced, Grayson. Residential real property: disclosures.Existing law requires that specified disclosures be made upon any transfer by sale, exchange, real property sales contract, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.This bill would make a nonsubstantive change to that provision.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 1102 of the Civil Code is amended to read:1102. (a) Except as provided in Section 1102.2, this article applies to any transfer by sale, exchange, real property sales contract as defined in Section 2985, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.(b) For the purposes of this article, the definitions contained in Chapter 1 (commencing with Section 10000) of Part 1 of Division 4 of the Business and Professions Code shall apply.(c) Any waiver of the requirements of this article is void as against public policy.

 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 968Introduced by Assembly Member GraysonFebruary 14, 2023 An act to amend Section 1102 of the Civil Code, relating to real property. LEGISLATIVE COUNSEL'S DIGESTAB 968, as introduced, Grayson. Residential real property: disclosures.Existing law requires that specified disclosures be made upon any transfer by sale, exchange, real property sales contract, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.This bill would make a nonsubstantive change to that provision.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO 





 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION

 Assembly Bill 

No. 968

Introduced by Assembly Member GraysonFebruary 14, 2023

Introduced by Assembly Member Grayson
February 14, 2023

 An act to amend Section 1102 of the Civil Code, relating to real property. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

AB 968, as introduced, Grayson. Residential real property: disclosures.

Existing law requires that specified disclosures be made upon any transfer by sale, exchange, real property sales contract, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.This bill would make a nonsubstantive change to that provision.

Existing law requires that specified disclosures be made upon any transfer by sale, exchange, real property sales contract, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.

This bill would make a nonsubstantive change to that provision.

## Digest Key

## Bill Text

The people of the State of California do enact as follows:SECTION 1. Section 1102 of the Civil Code is amended to read:1102. (a) Except as provided in Section 1102.2, this article applies to any transfer by sale, exchange, real property sales contract as defined in Section 2985, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.(b) For the purposes of this article, the definitions contained in Chapter 1 (commencing with Section 10000) of Part 1 of Division 4 of the Business and Professions Code shall apply.(c) Any waiver of the requirements of this article is void as against public policy.

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

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

SECTION 1. Section 1102 of the Civil Code is amended to read:1102. (a) Except as provided in Section 1102.2, this article applies to any transfer by sale, exchange, real property sales contract as defined in Section 2985, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.(b) For the purposes of this article, the definitions contained in Chapter 1 (commencing with Section 10000) of Part 1 of Division 4 of the Business and Professions Code shall apply.(c) Any waiver of the requirements of this article is void as against public policy.

SECTION 1. Section 1102 of the Civil Code is amended to read:

### SECTION 1.

1102. (a) Except as provided in Section 1102.2, this article applies to any transfer by sale, exchange, real property sales contract as defined in Section 2985, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.(b) For the purposes of this article, the definitions contained in Chapter 1 (commencing with Section 10000) of Part 1 of Division 4 of the Business and Professions Code shall apply.(c) Any waiver of the requirements of this article is void as against public policy.

1102. (a) Except as provided in Section 1102.2, this article applies to any transfer by sale, exchange, real property sales contract as defined in Section 2985, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.(b) For the purposes of this article, the definitions contained in Chapter 1 (commencing with Section 10000) of Part 1 of Division 4 of the Business and Professions Code shall apply.(c) Any waiver of the requirements of this article is void as against public policy.

1102. (a) Except as provided in Section 1102.2, this article applies to any transfer by sale, exchange, real property sales contract as defined in Section 2985, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.(b) For the purposes of this article, the definitions contained in Chapter 1 (commencing with Section 10000) of Part 1 of Division 4 of the Business and Professions Code shall apply.(c) Any waiver of the requirements of this article is void as against public policy.



1102. (a) Except as provided in Section 1102.2, this article applies to any transfer by sale, exchange, real property sales contract as defined in Section 2985, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements of any single-family residential property.

(b) For the purposes of this article, the definitions contained in Chapter 1 (commencing with Section 10000) of Part 1 of Division 4 of the Business and Professions Code shall apply.

(c) Any waiver of the requirements of this article is void as against public policy.