California Civil Code 886.040 – Upon the expiration of record of a recorded contract for sale of real …
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Upon the expiration of record of a recorded contract for sale of real property pursuant to this chapter, the contract has no effect, and does not constitute an encumbrance or cloud, on the title to the real property as against a person other than a party to the contract.
(Added by Stats. 1982, Ch. 1268, Sec. 1.)
Terms Used In California Civil Code 886.040
- Contract: A legal written agreement that becomes binding when signed.
- property: includes property real and personal. See California Civil Code 14
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.