Bill Text: CA SB652 | 2013-2014 | Regular Session | Chaptered

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Bill Title: Real property disclosures: construction defect litigation.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Passed) 2013-09-30 - Chaptered by Secretary of State. Chapter 431, Statutes of 2013. [SB652 Detail]

Download: California-2013-SB652-Chaptered.html

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BILL NUMBER: SB 652	CHAPTERED
	BILL TEXT

	CHAPTER  431
	FILED WITH SECRETARY OF STATE  SEPTEMBER 30, 2013
	APPROVED BY GOVERNOR  SEPTEMBER 30, 2013
	PASSED THE SENATE  SEPTEMBER 4, 2013
	PASSED THE ASSEMBLY  SEPTEMBER 3, 2013
	AMENDED IN ASSEMBLY  AUGUST 26, 2013
	AMENDED IN ASSEMBLY  JULY 2, 2013
	AMENDED IN SENATE  APRIL 30, 2013
	AMENDED IN SENATE  APRIL 22, 2013

INTRODUCED BY   Senator DeSaulnier

                        FEBRUARY 22, 2013

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


	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.



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: 
GRAPHIC INSERT HERE:  SEE PRINTED VERSION OF THE BILL]
   (b) The amendments to this section by the act adding this
subdivision shall become operative on July 1, 2014.