The specific disclosure requirements vary for (1) closed-end transactions, (2) open-end credit plans, (3) factoring transactions, (4) sales-based financings, (5) lease financings, and (6) general asset-based lending transactions. General disclosure requirements apply to any commercial financings that do not fall into one of those six categories. These disclosure laws apply to nearly all California home sellers and are important to know to legally sell a house in the state. Real estate seller disclosure laws hold sellers legally responsible for openness and honesty when disclosing information about a property's condition. The consequences of breaking these laws?. CALIFORNIA California requires the seller of commercial property, or his or her agent, to disclose to the buyer if the property is located in a hazard area, including flood area, fire hazard severity zone, earthquake fault or seismic hazard zone, or wild land area that may contain substantial forest fire risks and hazards (Cal. Civ. Code § 1103). On April 26, 2021, the Supreme Court heard oral arguments in the consolidated case Americans for Prosperity Foundation v.Bonta, 1 which argues that California’s donor disclosure law is unconstitutional under the First Amendment because it will discourage donors from contributing due to the fear that their names and addresses will be publicly disclosed. ART, FINE (Consignment) - CC 1738 et seq. "AS IS" SALES Defined - CC 1791.3 Implied Warranty - 1792.4, 1792.5, Com. Code 2316 Used Vehicles - 16 CFR 455.2 ATTACHMENT LAW - CCP 481 et seq. ATTORNEYS Advertising - B&P 6157 et seq. General Provisions - B&P 6157.4 Immigration and Naturalization Services - B&P 6157.5. California informed charities that their Schedule B disclosures would be kept confidential; in reality, however, California law required public disclosure of these documents until 2016. The state’s asserted justification for the disclosure requirement is a law-enforcement interest in regulating non-profit activity. Civil Code section 3426.1. "Improper means" includes "theft, bribery, misrepresentation, breach or inducement of a breach of duty to maintain secrecy, or espionage through electronic or other means." Civil Code section 3426.1 (a). Thus, if a former employee were to physically take or copy a trade secret, that information would be acquired by.