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SANTA CLARA COUNTY CODE OF ORDINANCES: Sec. C13-47. Real estate transfer disclosure statement.

Copyrighted by SANTA CLARA COUNTY CODE & Municipal Code Corporation, 1998.

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Sec. C13-47. Real estate transfer disclosure statement.

Pursuant to Civil Code § 1102.6a, prior to any transfer of restricted land by sale, exchange, installment land sale contract (as defined in Civil Code § 2985), lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements, or real property or residential stock cooperative, improved with or consistent of not less than one nor more than four dwelling units, the transferor shall provide the following disclosure: "The real property that is the subject of this transaction is subject to an open space easement agreement pursuant to the Open-Space Easement Act of 1974, Government Code § 51070 et seq., which requires that the land be devoted to open space and imposes restrictions on the use and development of the land." This disclosure shall be provided on a form substantially similar to that provided in Civil Code § 1102.6a or section B29-4 of this Code. The transferor shall ensure that the transferee signs the disclosure prior to completing the transfer.

(Ord. No. NS-1203.113, § 1, 5-23-06)

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