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California · Through 2026-09-13

CIV § 2985.4

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Where this section sits in the code
  1. Civil Code - CIV
  2. DIVISION 3. OBLIGATIONS [1427. - 3273.91.]
  3. PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS [1738. - 3273.91.]
  4. TITLE 14. LIEN [2872. - 3081.]
  5. CHAPTER 2c. Real Property Sales Contracts [2985. - 2985.6.]

Every seller of improved or unimproved real property under a real property sales contract who receives pro rata payments for insurance and taxes shall hold these amounts in trust for the purpose designated. These amounts shall not be disbursed for any other purpose without the consent of the payor and any person or corporation holding an encumbrance on the property.

This section shall not apply to a state- or federal-supervised assignee of a seller who as agent for the seller receives and disburses payments.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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