Statute · California Civil Code

Cal. Civ. Code § 2985.1 — Real Property Sales Contracts

Cal. Civ. Code § 2985.1

Type
Statute
Source
California Civil Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

A real property sales contract may not be transferred by the fee owner of the real property unless accompanied by a transfer of the real property which is the subject of the contract, and real property may not be transferred by the fee owner thereof unless accompanied by an assignment of the…

Citator

Cal. Civ. Code § 2985.1 — Real Property Sales Contracts is in force in the current edition of the Code, and nothing recorded condemns it.

A real property sales contract may not be transferred by the fee owner of the real property unless accompanied by a transfer of the real property which is the subject of the contract, and real property may not be transferred by the fee owner thereof unless accompanied by an assignment of the contract.

Nothing herein shall be deemed to prohibit the assignment or pledge of a real property sales contract, as security or for the purpose of effecting collection thereon, to the holder of a first lien on the real property which is the subject of the contract without a transfer of the real property or the transfer of a fee title in trust without the concurrent assignment of the sales contract.