California Civil Code

§ 1103.21

CIV § 1103.21 Effective Oct 11, 2009Div. 2 · Title 4 · Part 4 · Ch. 2 · Art. 1.8

Statute text

(a)The Legislature finds and declares:

(1)Sales of foreclosed properties have become a dominant portion of homes on the resale real estate market.

(2)The recent troubled real estate market has resulted in a concentration of the majority of homes available for resale within the hands of foreclosing lenders and has dramatically changed the market dynamics affecting ordinary home buyers.

…

Legislative history

Added by Stats. 2009, Ch. 264, Sec. 1. (AB 957) Effective October 11, 2009.