Cal. Codes » Civil Code / DIVISION 3. OBLIGATIONS / PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS / TITLE 14. LIEN / CHAPTER 2c. Real Property Sales Contracts
California Codes

Cal. Civil Code § 2985.5 (2026)

Real Property Sales Contracts

✓ leginfo export of Sept. 26, 2026 (applied Oct. 1, 2026)
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Every real property sales contract entered into after January 1, 1966, shall contain a statement of:

(a)The number of years required to complete payment in accordance with the terms of the contract.

(b)The basis upon which the tax estimate is made.

Notes of Decisions
Cited in 1 case, 2018–2018 · leading case: Collins v. Wolf, 591 B.R. 752 (S.D. Cal. 2018).
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Collins v. Wolf, 591 B.R. 752 (S.D. Cal. 2018). · cites it 2× “(b) The basis upon which the tax estimate is made." Here, the 2002 purchase agreement contained no description of the number of years required to complete payment and no basis upon which the tax estimate was made.”
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