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§ 5572. Extension of the 120-Day Escrow Moratorium.

25 CA ADC § 5572Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 25. Housing and Community Development
Division 1. Housing and Community Development
Chapter 5. Registration and Titling of Manufactured Homes, Mobilehomes, Multifamily Manufactured Home, Commercial Modular, Truck Campers, and Floating Homes
Article 7. Dealer Sale Requirements
25 CCR § 5572
§ 5572. Extension of the 120-Day Escrow Moratorium.
Currentness
(a) To extend a 120-day moratorium recorded on the permanent title record of a used manufactured home, mobilehome, or multi-unit manufactured housing, the escrow agent shall submit the following items to the department:
(1) A written request to extend the 120-day escrow moratorium, which states that the escrow agent has the mutual consent in writing of all parties to the escrow to such an extension.
(2) A photocopy of the letter sent by the department to the escrow agent, acknowledging receipt of the notification of escrow opening.
(3) If the original 120-day moratorium has expired, payment of the Escrow Opening Fee required by subsection 5660(j).

Credits

Note: Authority cited: Sections 18015 and 18075, Health and Safety Code. Reference: Sections 18035(g) and 18100.5(b), Health and Safety Code.
History
1. New section filed 12-31-97; operative 1-1-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 1).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 25, § 5572, 25 CA ADC § 5572
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