As used in this chapter: (a) âContract for sale of real propertyâ means an agreement wherein one party agrees to convey title to real property to another party upon the satisfaction of specified conditions set forth in the contract and which requires conveyance of title within one year from the date of formation of the contract, whether designated in the agreement a âcontract for sale of real property,â âland sale contract,â âdeposit receipt,â âagreement for sale,â âagreement to convey,â or otherwise. (b) âRecorded contract for sale of real propertyâ includes the entire terms of a contract for sale of real property that is recorded in its entirety or is evidenced by a recorded memorandum or short form of the contract.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.