California Code of Regulations
Title 10 - Investment
Chapter 6 - Real Estate Commissioner
Article 12 - Subdivisions
Section 2792.30 - Rescission Rights

Universal Citation: 10 CA Code of Regs 2792.30
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

A person who has made an offer to purchase an interest in an undivided interest subdivision may exercise the right of rescission granted by Section 11000.2 of the Code by giving written notification of the election to rescind to the subdivider at the place of business designated by the subdivider pursuant to Section 2792.31 of these regulations.

If the notice of election is by United States mail, it shall be considered given on the date that it is postmarked. If the notice is sent by telegraph, it shall be considered as given when transmitted by telegraph from the place of origin. If notification is by means of writing sent other than by United States mail or telegraph, it shall be considered as given at the time of delivery at the place of business designated by the subdivider.

1. New section filed 5-4-89; operative 6-3-89 (Register 89, No. 23).

Note: Authority cited: Section 11001, Business and Professions Code. Reference: Section 11000.2, Business and Professions Code.

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