GroundRules
CIV § 1677
Where this section sits in the code
- Civil Code - CIV
- DIVISION 3. OBLIGATIONS [1427. - 3273.91.]
- PART 2. CONTRACTS [1549. - 1701.]
- TITLE 4.5. LIQUIDATED DAMAGES [1671. - 1681.]
- CHAPTER 2. Default on Real Property Purchase Contract [1675. - 1681.]
A provision in a contract to purchase and sell real property liquidating the damages to the seller if the buyer fails to complete the purchase of the property is invalid unless:
(a) The provision is separately signed or initialed by each party to the contract; and
(b) If the provision is included in a printed contract, it is set out either in at least 10-point bold type or in contrasting red print in at least eight-point bold type.
Collected 2026-09-14T05:56:33Z. Source file · JSON