AB 968

  • California Assembly Bill
  • 2023-2024 Regular Session
  • Introduced in Assembly
  • Passed Assembly Apr 20, 2023
  • Passed Senate Jun 29, 2023
  • Became Law Jul 21, 2023

Single-family residential property: disclosures.

Abstract

Existing law requires that specified disclosures be made upon any transfer by sale, exchange, real property sales contract, lease with an option to purchase, any other option to purchase, or ground lease coupled with improvements, of any single-family residential property. Existing law, after July 1, 2022, requires that every contract for the sale of single-family residential real property contain a notice stating that any appraisal of the property is required to be unbiased, objective, and not influenced by improper or illegal considerations. This bill would require a seller of a single-family residential property who accepts an offer for the sale of the single-family residential property within 18 months from the date that title for the single-family residential property was transferred to the seller to disclose to the buyer specified information, including any room additions, structural modifications, other alterations, or repairs made to the property since title to the property was transferred to the seller that were performed by a contractor and the name of each contractor with whom the seller entered into a contract with for the room additions, structural modifications, other alterations, or repairs, as specified. The bill would alternatively authorize a seller to satisfy these obligations by providing a list of room additions, structural modifications, other alterations, or repairs performed by, and provided by, the contractor with whom the seller contracted for the room additions, structural modifications, other alterations, or repairs. The bill would require the seller to provide a copy of any permit for any room additions, structural modifications, other alterations, or repairs to the buyer or, if the seller contracted with a third party and was not provided with a copy of the permits, by informing the buyer that information on permits may be obtained from a third party and providing the third party's contact information. The bill would specify that these provisions apply to the sale of a single-family residential property where the seller accepts an offer from a buyer to purchase the property on or after July 1, 2024.

Bill Sponsors (2)

Votes


Actions


Jul 21, 2023

California State Legislature

Chaptered by Secretary of State - Chapter 95, Statutes of 2023.

California State Legislature

Approved by the Governor.

Jul 11, 2023

California State Legislature

Enrolled and presented to the Governor at 3 p.m.

Jul 03, 2023

Assembly

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 66. Noes 0. Page 2537.).

Jun 29, 2023

Assembly

In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 1 pursuant to Assembly Rule 77.

Senate

Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 1825.).

Jun 22, 2023

Senate

Read second time and amended. Ordered to consent calendar.

Jun 21, 2023

Senate

From committee: Amend, and do pass as amended. To Consent Calendar. (Ayes 11. Noes 0.) (June 20).

Jun 01, 2023

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.

  • Amendment-Introduction
  • Amendment-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on JUD.

May 03, 2023

Senate

Referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Apr 20, 2023

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 1267.)

Mar 30, 2023

Assembly

Read second time. Ordered to third reading.

Mar 29, 2023

Assembly

Read second time and amended. Ordered returned to second reading.

Mar 28, 2023

Assembly

From committee: Amend, and do pass as amended. (Ayes 9. Noes 0.) (March 28).

Mar 21, 2023

Assembly

Re-referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Mar 20, 2023

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.

Mar 06, 2023

Assembly

Re-referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Mar 02, 2023

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.

Assembly

Referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Feb 15, 2023

Assembly

From printer. May be heard in committee March 17.

Feb 14, 2023

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB968 HTML
02/14/23 - Introduced PDF
03/02/23 - Amended Assembly PDF
03/20/23 - Amended Assembly PDF
03/29/23 - Amended Assembly PDF
06/01/23 - Amended Senate PDF
06/22/23 - Amended Senate PDF
07/05/23 - Enrolled PDF
07/21/23 - Chaptered PDF

Related Documents

Document Format
03/25/23- Assembly Judiciary PDF
04/05/23- ASSEMBLY FLOOR ANALYSIS PDF
06/16/23- Senate Judiciary PDF
06/23/23- Sen. Floor Analyses PDF
06/29/23- ASSEMBLY FLOOR ANALYSIS PDF

Sources

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