Terms Used In California Codes > Insurance Code > Division 2 > Part 7 > Chapter 1 - Definitions and Licensing

• Commission: means the Public Utilities Commission created by §. See California Public Utilities Code 20
• Devise: To gift property by will.
• Domestic: means organized under the laws of this State, whether or not admitted. See California Insurance Code 26
• Foreign: means not organized under the laws of this State, whether or not admitted. See California Insurance Code 27
• Home protection company: means any person licensed pursuant to this part which issues home protection contracts. See California Insurance Code 12740
• Home protection contract: means a contract or agreement whereby a person, other than a builder, seller, or lessor of the home which is the subject of the contract, undertakes for a specified period of time, for a predetermined fee, to repair or replace all or any part of any component, system or appliance of a home necessitated by wear and tear, deterioration or inherent defect, arising during the effective period of the contract, and, in the event of an inspection conducted pursuant to subdivision (b) of Section 12761, by the failure of that inspection to detect the likelihood of any such loss. See California Insurance Code 12740
• Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
• Protection contract fee: means the consideration received, or to be received, by a home protection company for the issuance of any home protection contract. See California Insurance Code 12740
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
• Subdivision: means a subdivision of the section in which that term occurs unless some other section is expressly mentioned. See California Public Utilities Code 10