Real Estate contracts also usually require disclosures pursuant to this statute, as well as other disclosures. In 1985 the California General Assembly added an article to the Civil Code, § 1102 et seq., entitled "Disclosures Upon Transfer of Residential Property." (Stats. The common law has for decades imposed duties on sellers of real estate, particularly residential real estate such as homes, condominiums, etc., to disclose to the buyer “ any material facts known to the seller affecting the value or desirability of the real estate" being sold. California Law on Disclosure Duties in Real Estate Sales, and Liability and Damages for Real Estate Fraud, Misrepresentation or Non-Disclosure of Material Facts Affecting the Value or Desirability of Real Estate Sellers’ Duties in Real Estate Transactions to Disclose Property Defects
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