California Civil Code 1797.96 – Where a warranty subject to this chapter is provided for the benefit …
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Where a warranty subject to this chapter is provided for the benefit of the purchaser of a newly constructed residential structure, the seller shall provide the warranty disclosures required by this chapter to the purchaser prior to the close of escrow. No transfer shall be invalidated for failure to comply with this section.
(Added by Stats. 1993, Ch. 835, Sec. 1. Effective January 1, 1994.)
Terms Used In California Civil Code 1797.96
- Escrow: Money given to a third party to be held for payment until certain conditions are met.