California Codes
Cal. Civil Code § 783.1 (2026)
Estates in General
✓ leginfo export of Sept. 26, 2026 (applied Oct. 1, 2026)
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In a stock cooperative, as defined in Section 4190 or 6566, both the separate interest, as defined in paragraph (4) of subdivision (a) of Section 4185 or in paragraph (3) of subdivision (a) of Section 6564, and the correlative interest in the stock cooperative corporation, however designated, are interests in real property.
Notes of Decisions
Cited in 2
cases, 2016–2017 · leading case: First Cmty. Bank v. Maureen Gaughan, 853 F.3d 508 (9th Cir. 2017).
First Cmty. Bank v. Maureen Gaughan, 853 F.3d 508 (9th Cir. 2017). “improved real property, and [in which] all or substantially all of the shareholders of the corporation receive a right of exclusive occupancy in a portion of the real property,” as real property. Cal. Civ. Code § 6566 .”
Windsor Props. v. JPMorgan Chase Bank, No. B261709 (Cal. Ct. App. Mar. 17, 2016). “” (Civ. Code, § 783.1.) Former Civil Code section 1358, subdivision (d) provided: “In a stock cooperative, any conveyance, judicial sale, or other voluntary or involuntary transfer of the separate interest includes the ownership interest of the corporation, however evidenced.”
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