California Codes, Civil Code - CIV, Division 2 — Property, Part 4 — Acquisition of Property, Title 4 — Transfer, Chapter 5 — Unlawful Transfers, Section 1229
Where a power to revoke or modify an instrument affecting the title to, or the enjoyment of, an estate in real property, is reserved to the grantor, or given to any other person, a subsequent grant of, or charge upon, the estate, by the person having the power or revocation, in favor of a purchaser or incumbrancer for value, operates as a revocation of the original instrument, to the extent of the power, in favor of such purchaser or incumbrancer.
Notes
Establishes that when an instrument affecting real-property title or enjoyment reserves or grants a power of revocation or modification, a later grant or charge by the holder of that power to a purchaser or encumbrancer for value operates as a revocation of the original instrument to the extent of the power.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1229 | https://laws.lexinter.net/codes/california/civil-code/division-2/part-4/title-4/chapter-5/section-1229