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California Civil Code Section 2982.9

Legal Research Home > California Laws > Civil Code > California Civil Code Section 2982.9

2982.9.  In the event a buyer obligates himself to purchase, or
receive possession of, a motor vehicle pursuant to a contract or
purchase order, and the seller knows that the buyer intends to obtain
financing from a third party without the assistance of the seller,
and the buyer is unable to obtain such financing, the contract or
purchase order shall be deemed rescinded and all consideration
thereupon shall be returned by the respective parties without demand.

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Last modified: March 17, 2014