California Codes, Civil Code - CIV, Division 3 — Obligations, Part 2 — Contracts, Title 5 — Extinction of Contracts, Chapter 2.5 — Home Equity Sales Contracts, Section 1695.2

Every contract shall be written in letters of a size equal to 10-point bold type, in the same language principally used by the equity purchaser and equity seller to negotiate the sale of the residence in foreclosure and shall be fully completed and signed and dated by the equity seller and equity purchaser prior to the execution of any instrument of conveyance of the residence in foreclosure.

Notes

Requires every equity-purchase contract to be in at least 10-point bold type, use the language principally used in negotiations, be fully completed, and be signed and dated by both the equity seller and equity purchaser before any instrument conveying the residence in foreclosure is executed.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 1695.2 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-2/title-5/chapter-2-5/section-1695-2

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