California Statutes
§ 2956. — 2956. (Added by Stats. 1982, Ch. 968, Sec. 1.)
California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 14.·Part 4. TITLE 14. LIEN·Ch. 2. CHAPTER 2. Mortgage·Art. 3. ARTICLE 3. Disclosures on Purchase Money Liens on Residential Property
In a transaction for the purchase of a dwelling for not more than four families in which there is an arranger of credit, which purchase includes an extension of credit by the vendor, a written disclosure with respect to that credit transaction shall be made, as required by this article:
(a)To the purchaser, by the arranger of credit and the vendor (with respect to information within the knowledge of the vendor).
(b)To the vendor, by the arranger of credit and the purchaser (with respect to information within the knowledge
of the purchaser).
If there is more than one arranger of credit and one of those arrangers has obtained the offer by the purchaser to purchase the property, that arranger shall make the disclosure, unless the parties designate another person in writing.
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California § 2956. (2956. (Added by Stats. 1982, Ch. 968, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Swift v. Higgins
72 F.2d 791 (Ninth Circuit, 1934)
In re Driscoll
127 F. Supp. 81 (S.D. California, 1954)
BUMB v. McINTYRE
277 F.2d 647 (Ninth Circuit, 1960)
Legislative History
Added by Stats. 1982, Ch. 968, Sec. 1. Operative July 1, 1983, by Sec. 2 of Ch. 968.