California Civil Code

§ 1695.6

CIV § 1695.6 Effective Jan 1, 1998Div. 3 · Title 5 · Part 2 · Ch. 2.5

Statute text

(a)The contract as required by Sections 1695.2, 1695.3, and 1695.5, shall be provided and completed in conformity with those sections by the equity purchaser.

(b)Until the time within which the equity seller may cancel the transaction has fully elapsed, the equity purchaser shall not do any of the following:

(1)Accept from any equity seller an execution of, or induce any equity seller to execute, any instrument of conveyance of any interest in the residence in foreclosure.

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Legislative history

Amended by Stats. 1997, Ch. 50, Sec. 3. Effective January 1, 1998.