California Civil Code

§ 1098.6

CIV § 1098.6 Effective Jan 1, 2025Div. 2 · Title 4 · Part 4 · Ch. 2 · Art. 1

Statute text

(a)(1) On or after January 1, 2019, a transfer fee shall not be created.

(2)This subdivision does not apply to excepted transfer fee covenants as defined by Section 1228.1 of Title 12 of the Code of Federal Regulations. Excepted transfer fee covenants are not required to comply with subparagraph (H) of paragraph (2) of subdivision (b) of Section 1098.5.

(3)This subdivision does not apply to a private transfer fee covenant if all of the following requirements are met:

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Legislative history

Amended by Stats. 2024, Ch. 475, Sec. 1. (SB 1399) Effective January 1, 2025.