California § 2982.7. 2982.7. (Amended by Stats. 1976, Ch. 1285.)

California Statutes

§ 2982.7. — 2982.7. (Amended by Stats. 1976, Ch. 1285.)

California § 2982.7.

JurisdictionCalifornia

Code CIVCivil Code - CIV

Div. 3.DIVISION 3. OBLIGATIONS

Title14.

Part 4.TITLE 14. LIEN

Ch. 2b.CHAPTER 2b. Automobile Sales Finance Act

This text of California § 2982.7. (2982.7. (Amended by Stats. 1976, Ch. 1285.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Civil Code - CIV Code § 2982.7. (2026).

Text

(a)Any payment made by a buyer to a seller pending execution of a conditional sale contract shall be refunded to the buyer in the event the conditional sale contract is not executed.

(b)In the event of breach by the seller of a conditional sale contract or purchase order where the buyer leaves his motor vehicle with the seller as downpayment and such motor vehicle is not returned by the seller to the buyer for whatever reason, the buyer may recover from the seller either the fair market value of the motor vehicle left as a downpayment or its value as stated in the contract or purchase order, whichever is greater. The recovery shall be tendered to the buyer within five business days after the breach.

(c)The remedies of the buyer provided for in subdivision (b) are nonexclusive and cumula

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(a)
Any payment made by a buyer to a seller pending execution of a conditional sale contract shall be refunded to the buyer in the event the conditional sale contract is not executed.
(b)
In the event of breach by the seller of a conditional sale contract or purchase order where the buyer leaves his motor vehicle with the seller as downpayment and such motor vehicle is not returned by the seller to the buyer for whatever reason, the buyer may recover from the seller either the fair market value of the motor vehicle left as a downpayment or its value as stated in the contract or
purchase order, whichever is greater. The recovery shall be tendered to the buyer within five business days after the breach.
(c)
The remedies of the buyer provided for in subdivision (b) are nonexclusive and cumulative and shall not preclude the buyer from pursuing any other remedy which he may have under any other provision of law.