California Codes, Civil Code - CIV, Division 2 — Property, Part 2 — Real or Immovable Property, Title 5 — Marketable Record Title, Chapter 5 — Powers of Termination, Section 885.050
A power of termination shall be exercised only by notice or by civil action and, if the power of termination is of record, the exercise shall be of record. The notice shall be given, and any civil action shall be commenced, within five years after breach of the restriction to which the fee simple estate is subject, or such longer period as may be agreed to by the parties by a waiver or extension recorded before expiration of that period.
Notes
Requires a power of termination to be exercised only by notice or civil action and, when the power is recorded, requires the exercise to be recorded. Notice or suit must occur within five years after breach of the restriction, unless the parties agree to a longer period through a waiver or extension recorded before the five-year period expires.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 885.050 | https://laws.lexinter.net/codes/california/civil-code/division-2/part-2/title-5/chapter-5/section-885-050