California Codes, Civil Code - CIV, Division 3 — Obligations, Part 2 — Contracts, Title 5 — Extinction of Contracts, Chapter 2.5 — Home Equity Sales Contracts, Section 1695.13
It is unlawful for any person to initiate, enter into, negotiate, or consummate any transaction involving residential real property in foreclosure, as defined in Section 1695.1, if such person, by the terms of such transaction, takes unconscionable advantage of the property owner in foreclosure.
Notes
Prohibits any person from initiating, entering, negotiating, or completing a transaction involving residential real property in foreclosure when the transaction’s terms take unconscionable advantage of the owner in foreclosure. The restriction applies to every stage of the covered transaction, not only final conveyance.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1695.13 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-2/title-5/chapter-2-5/section-1695-13