California Business and Professions Code

§ 11000.1

BPC § 11000.1 Effective Jan 1, 2023Div. 4 · Part 2 · Ch. 1 · Art. 1

Statute text

(a)“Subdivided lands” and “subdivision,” as defined by Sections 11000 and 11004.5, also include improved or unimproved land or lands, a lot or lots, or a parcel or parcels, of any size, in which, for the purpose of sale or lease or financing, whether immediate or future, five or more undivided interests are created or are proposed to be created.

(b)This section does not apply to the creation or proposed creation of undivided interests in land if any one of the following conditions exists:

(1)The undivided interests are held or to be held by persons related one to the other by blood or marriage.

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Legislative history

Amended by Stats. 2022, Ch. 452, Sec. 11. (SB 1498) Effective January 1, 2023.