---
type: "Bill"
title: "Deficiency judgments."
description: "Existing law provides that no deficiency judgment shall lie following a judicial foreclosure with respect to, among other things, a deed of trust or mortgage given to the vendor to secure payment of the balance of the purchase price of real property, or under a deed of trust or mortgage on a dwelling to secure repayment of a purchase money loan which was in fact used to pay all or part of the purchase price of that dwelling."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20112012"
identifier: "SB 1069"
citation: "California SB 1069 (20112012)"
classification: ["bill"]
subjects: ["Deficiency judgments."]
status: "enacted"
primary_sponsors: ["Corbett"]
version_count: 5
action_count: 17
vote_count: 4
first_action: "2012-02-13"
last_action: "2012-07-09"
source: "openstates"
source_identifier: "ocd-bill/fbdd8508-21ae-43b5-8e75-f2f5090436ea"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1069"
source_hash: "704010f06f00157f3170a6ab4a5444a1a2ad47a817427864c9424ad49792bff0"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California SB 1069 (20112012) — Deficiency judgments.

Existing law provides that no deficiency judgment shall lie following a judicial foreclosure with respect to, among other things, a deed of trust or mortgage given to the vendor to secure payment of the balance of the purchase price of real property, or under a deed of trust or mortgage on a dwelling to secure repayment of a purchase money loan which was in fact used to pay all or part of the purchase price of that dwelling.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/13/12 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1069&version=20110SB106999INT)
2. **03/15/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1069&version=20110SB106998AMD)
3. **07/09/12 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1069&version=20110SB106996CHP)
4. **SB1069** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1069)
5. **06/26/12 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1069&version=20110SB106997ENR)

## Votes

- Do pass. — **5–0** (pass) · upper
- Do pass, to Consent Calendar. — **10–0** (pass) · lower
- 3rd Reading — **39–0** (pass) · upper
- SB 1069 Corbett Consent Calendar Second Day — **79–0** (pass) · lower

## Sponsors

- Corbett — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2012-02-13** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2012-02-14** From printer. May be acted upon on or after March 15.
- **2012-03-01** Referred to Com. on JUD. `referral-committee`
- **2012-03-15** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-04-20** Set for hearing May 1.
- **2012-05-02** From committee: Do pass. (Ayes 5. Noes 0. Page 3389.) (May 1). `committee-passage, committee-passage-favorable`
- **2012-05-03** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-05-29** Read third time. Passed. (Ayes 39. Noes 0. Page 3638.) Ordered to the Assembly. `reading-3, reading-1, passage`
- **2012-05-30** In Assembly. Read first time. Held at Desk. `reading-1`
- **2012-06-07** Referred to Com. on JUD. `referral-committee`
- **2012-06-19** From committee: Do pass. Ordered to consent calendar. (Ayes 10. Noes 0.) (June 19). `committee-passage, committee-passage-favorable`
- **2012-06-20** Read second time. Ordered to consent calendar. `reading-2, reading-1`
- **2012-06-25** Read third time. Passed. (Ayes 79. Noes 0. Page 5421.) Ordered to the Senate. `reading-3, reading-1, passage`
- **2012-06-25** In Senate. Ordered to engrossing and enrolling.
- **2012-06-28** Enrolled and presented to the Governor at 4 p.m.
- **2012-07-09** Approved by the Governor. `executive-signature`
- **2012-07-09** Chaptered by Secretary of State. Chapter 64, Statutes of 2012.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fbdd8508-21ae-43b5-8e75-f2f5090436ea`. Confidence: reported (aggregated from official California legislature records).