§ 704.030 Material for repair or improvement of residence

§ 704.030. Material for repair or improvement of residence

    Material that in good faith is about to be applied to the repair or improvement of a residence is exempt if the equity in the material does not exceed two thousand four hundred twenty-five dollars ($2,425) in the following cases:

    (a) If purchased in good faith for use in the repair or improvement of the judgment debtor's principal place of residence.

    (b) Where the judgment debtor and the judgment debtor's spouse live separate and apart, if purchased in good faith for use in the repair or improvement of the spouse's principal place of residence.

    EXPLANATORY NOTE

    For the current amount of exemption under this section, as adjusted by the Judicial Council and required by Code of Civil Procedure § 703.150, which authorizes the Judicial Council to publish cost-of-living adjustments every three years, see the Judicial Council Form reproduced under Chapter 4, preceding Code of Civil Procedure § 703.010 (for electronic
publications, see Refs & Annos).