California Civil Code Section 3305
3305. The detriment caused by the breach of a covenant against incumbrances in a grant of an estate in real property is deemed to be the amount which has been actually expended by the covenantee in extinguishing either the principal or interest thereof, not exceeding in the former case a proportion of the price paid to the grantor equivalent to the relative value at the time of the grant of the property affected by the breach, as compared with the whole, or, in the latter case, interest on a like amount.
(Enacted 1872.)Section: Previous 3300 3301 3302 3304 3305 3306 3306a 3307 3308 3315 3316 3317 3318 3319 3320 Next
Last modified: September 9, 2016