California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 14 — Lien, Chapter 2 — Mortgage, Article 3 — Disclosures on Purchase Money Liens on Residential Property, Section 2958
A disclosure is not required under this article, to a purchaser when that purchaser is entitled to receive, a disclosure pursuant to the Federal Truth-In-Lending Act (15 U.S. Code 1604, as amended), the Real Estate Settlement Procedures Act (12 U.S. Code 2601, as amended), or Section 10240 of the Business and Professions Code; or to a vendor if the vendor is entitled to receive, a disclosure pursuant to Sections 10232.4 and 10232.5 of the Business and Professions Code, or disclosure pursuant to a qualification under Section 25110 of the Corporations Code or disclosure pursuant to regulations of the Department of Corporations granting an exemption from Section 25110 of the Corporations Code.
Notes
Exempts a purchaser from the article’s disclosure when the purchaser is entitled to specified federal lending or settlement disclosures or the referenced Business and Professions Code disclosure. Exempts a vendor when entitled to specified Business and Professions Code disclosures, a securities qualification disclosure, or a disclosure under Department of Corporations regulations granting an exemption from the referenced qualification requirement.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 2958 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-14/chapter-2/article-3/section-2958