California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 3. OBLIGATIONS |
Part 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS |
Title 14. LIEN |
Chapter 2c. Real Property Sales Contracts |
Section 2985.5.
Latest version.
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Every real property sales contract entered into after January 1, 1966, shall contain a statement of:
(a) The number of years required to complete payment in accordance with the terms of the contract.
(b) The basis upon which the tax estimate is made.
(Added by Stats. 1965, Ch. 1214.)