California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 2. PROPERTY |
Part 2. REAL OR IMMOVABLE PROPERTY |
Title 5. MARKETABLE RECORD TITLE |
Chapter 6. Unperformed Contracts for Sale of Real Property |
Section 886.040.
Latest version.
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Upon the expiration of record of a recorded contract for sale of real property pursuant to this chapter, the contract has no effect, and does not constitute an encumbrance or cloud, on the title to the real property as against a person other than a party to the contract.
(Added by Stats. 1982, Ch. 1268, Sec. 1.)