California Civil Code

§ 1103.22

CIV § 1103.22 Effective Oct 11, 2009Div. 2 · Title 4 · Part 4 · Ch. 2 · Art. 1.8

Statute text

(a)A seller of residential real property improved by four or fewer dwelling units shall not require directly or indirectly, as a condition of selling the property, that title insurance covering the property or escrow service provided in connection with the sale of the property be purchased by the buyer from a particular title insurer or escrow agent. This section does not prohibit a buyer from agreeing to accept the services of a title insurer or an escrow agent recommended by the seller if written notice of the right to make an independent selection of those services is first provided by the seller to the buyer.

(b)For purposes of this section:

(1)Escrow service” means service provided by a person licensed pursuant to Division 6 (commencing with Section 17000) of the Financial Code, or exempt from licensing pursuant to Section 17006 of the Financial Code.

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Legislative history

Added by Stats. 2009, Ch. 264, Sec. 1. (AB 957) Effective October 11, 2009.