Trusts: information.

(1) Existing law authorizes each court to establish and operate an interactive computer system to enable and assist pro per litigants, and to provide information regarding calculations for child and spousal support payments, court procedures, rights and responsibilities of landlords and tenants, and alternative dispute resolution. This bill would additionally authorize the computer system to include information regarding revocable living trusts and transfer on death deeds as nonprobate means of transferring real property. (2) Existing law requires the California Housing Finance Agency to administer a home purchase assistance program for the purpose of assisting low- and moderate-income home buyers to qualify for the purchase of owner-occupied homes, as specified. Existing law creates the Home Purchase Assistance Fund which is continuously appropriated to the agency for purposes of the program and for defraying administrative costs of the agency. This bill would require the agency to provide information on revocable living trusts and revocable transfer on death deeds to any home buyer participating in the home purchase assistance program, as specified. By expanding the purposes for which money in a continuously appropriated fund may be used, the bill would make an appropriation. (3) Existing law establishes the California Dream for All Program to provide shared appreciation loans to low- and moderate-income first-time home buyers. Existing law creates the California Dream for All Fund, which is continuously appropriated to the agency for purposes of the program and for defraying administrative costs of the agency. Existing law requires the agency to develop a borrower education program and disclosure statement designed to provide a borrower with sufficient information to understand the terms of a shared appreciation loan provided pursuant to the program. This bill would require the borrower education program described above to include information on revocable living trusts and revocable transfer on death deeds. By expanding the purposes for which money in a continuously appropriated fund may be used, the bill would make an appropriation.