California Statutes
§ 929. — 929. (Added by Stats. 2002, Ch. 722, Sec. 3.)
California·Code CIV Civil Code - CIV·Div. 2. DIVISION 2. PROPERTY·Title 7.·Part 2. TITLE 7. REQUIREMENTS FOR ACTIONS FOR CONSTRUCTION DEFECTS·Ch. 4. CHAPTER 4. Prelitigation Procedure
(a)Nothing in this chapter prohibits the builder from making only a cash offer and no repair. In this situation, the homeowner is free to accept the offer, or he or she may reject the offer and proceed with the filing of an action. If the latter occurs, the standards of the other chapters of this title shall continue to apply to the action.
(b)The builder may obtain a reasonable release in exchange for the cash payment. The builder may negotiate the terms and conditions of
any reasonable release in terms of scope and consideration in conjunction with a cash payment under this chapter.
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California § 929. (929. (Added by Stats. 2002, Ch. 722, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2002, Ch. 722, Sec. 3. Effective January 1, 2003.