Attached residential condominium sales: liquidated damages.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 6 Compare versions History 18 Sponsors

Existing law establishes that for the initial sale of a newly constructed condominium unit, as specified, the amount actually paid to the seller in the event of a buyer's default pursuant to a liquidated damages provision that exceeds 3% of the purchase price of the residential unit is subject to specified requirements, including an accounting of the seller's costs and revenues, as specified.

This bill would delete the above-specified percentage and, instead, increase that percentage to 6%.

Chamber: House
Introduced: Feb 21, 2025
Last action: Jun 29, 2026 — In committee: Set, first hearing. Hearing canceled at the request of author.
Session: 20252026
Momentum: 63 · High

PASSAGE PROBABILITY

45.6% Uncertain

Why this number

Stage base Passed First Chamber — base rate 56%, measured from CA's completed sessions
Momentum +3 63/100 from the pace of recorded action
Time since last action -14 105 days quiet

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