California Civil Code CHAPTER 5 - Powers of Termination

• Section 885.010.
  (a) As used in this chapter: (1) “Power of termination” means the power to terminate a fee simple estate in real property to enforce a restriction in...
• Section 885.015.
  This chapter does not apply to any of the following:(a) A power of termination conditioned upon the continued production or removal of oil or gas or...
• Section 885.020.
  Fees simple determinable and possibilities of reverter are abolished. Every estate that would be at common law a fee simple determinable is deemed to be...
• Section 885.030.
  (a) A power of termination of record expires at the later of the following times:(1) Thirty years after the date the instrument reserving, transferring, or otherwise evidencing...
• Section 885.040.
  (a) If a power of termination becomes obsolete, the power expires. (b) As used in this section, a power of termination is obsolete if any of the...
• Section 885.050.
  A power of termination shall be exercised only by notice or by civil action and, if the power of termination is of record, the exercise...
• Section 885.060.
  (a) Expiration of a power of termination pursuant to this chapter makes the power unenforceable and is equivalent for all purposes to a termination of the...
• Section 885.070.
  (a) Subject to Section 880.370 (grace period for recording notice) and except as otherwise provided in this section, this chapter applies on the operative date to...

Last modified: October 22, 2018