California Civil Code CHAPTER 3.5 - Shared Appreciation Loans

  • Section 1917.
    For purposes of this chapter:(a) “Contingent deferred interest” means the sum a borrower is obligated to pay to a lender pursuant to the documentation of a...
  • Section 1917.001.
    The relationship of the borrower and the lender in a shared appreciation loan transaction is that of debtor and creditor and shall not be, or...
  • Section 1917.002.
    A shared appreciation loan shall not be subject to any provisions of this code or the Financial Code which limits the interest rate or change...
  • Section 1917.003.
    The lien or liens of a deed or deeds of trust securing a shared appreciation loan shall include and secure the principal amount of the...
  • Section 1917.004.
    (a) The lien of a shared appreciation loan, including the principle amount and all interest, whether accrued or to be accrued, and all amounts of contingent...
  • Section 1917.005.
    Lenders shall be exempt from the usury provisions of Article XV of the California Constitution with respect to shared appreciation loan transactions. This section is...
  • Section 1917.006.
    For purposes of this chapter:(a) “Shared appreciation loan” means, in addition to the meaning defined in Section 1917, a loan that obligates the borrower to pay...

Last modified: October 22, 2018