§ 3047
66 words·~1 min read·
/ca/civil-code/3047A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where a buyer of real property gives to the seller a written contract for payment of all or part of the price, an absolute transfer of such contract by the seller waives his lien to the extent of the sum payable under the contract, but a transfer of such contract in trust to pay debts, and return the surplus, is not a waiver of the lien.