Contracts
In California, the Transfer Disclosure Statement (TDS) is required for:
AAll real property sales including commercial
BResidential properties of 1-4 units✓ Correct
COnly new construction sales
DProperties with known defects only
Explanation
California Civil Code Section 1102 requires the TDS for transfers of residential property with 1-4 units. It does not apply to commercial properties, probate sales, or certain other transactions.
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