What Do You Do As A Home Seller When The Appraisal Comes in Less Than The Purchase Price You Accepted?
Certain types of transfers are specifically exempted by California Civil Code § 1102.2. These are as follows:
(1) Transfers requiring a public report pursuant to § 11018.1 of the Business and Professions Code and transfers pursuant to § 11010.8 of the Business and Professions Code where no public report isrequired.
(2) Transfers pursuant to court order (such as probate sales, sales by a bankruptcy trustee, etc.).
(3) Transfers by foreclosure (including a deed in lieu of foreclosure and a transfer by a beneficiary who has acquiredthe property by foreclosure or deed in lieu of foreclosure).
Do nothing from rivalry or conceit, but in humility count others more significant than yourselves. - Philippians 2:3