{"code":"CIV","codeName":"Civil Code","section":"1677","citation":"Civ. Code, § 1677","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. OBLIGATIONS [1427. - 3273.91.]","url":"https://blackletter.si/civil-code/division-3"},{"name":"PART 2. CONTRACTS [1549. - 1701.]","url":"https://blackletter.si/civil-code/division-3/part-2"},{"name":"TITLE 4.5. LIQUIDATED DAMAGES [1671. - 1681.]","url":"https://blackletter.si/civil-code/division-3/part-2/title-4.5"},{"name":"CHAPTER 2. Default on Real Property Purchase Contract [1675. - 1681.]","url":"https://blackletter.si/civil-code/division-3/part-2/title-4.5/chapter-2"}],"history":"Added by Stats. 1977, Ch. 198.","effective":null,"html":"<p>A provision in a contract to purchase and sell real property liquidating the damages to the seller if the buyer fails to complete the purchase of the property is invalid unless:</p><p>(a) The provision is separately signed or initialed by each party to the contract; and</p><p>(b) If the provision is included in a printed contract, it is set out either in at least 10-point bold type or in contrasting red print in at least eight-point bold type.</p>","text":"A provision in a contract to purchase and sell real property liquidating the damages to the seller if the buyer fails to complete the purchase of the property is invalid unless: (a) The provision is separately signed or initialed by each party to the contract; and (b) If the provision is included in a printed contract, it is set out either in at least 10-point bold type or in contrasting red print in at least eight-point bold type.","otherVersions":[],"url":"https://blackletter.si/civil-code/default-on-real-property-purchase-contract-1677","source":"California Legislative Information bulk export (pubinfo)"}