What Are The Transfer Disclosure Statement Exemptions For 1-4 Unit Residential Property?

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). 

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