California Civil Code ARTICLE 3 - Terms and Conditions

  • Section 1917.130.
    Lenders may make shared appreciation loans pursuant to this chapter for the purchase of real property improved with one- to four-dwelling units, including structures ancillary...
  • Section 1917.131.
    A shared appreciation loan shall include the following terms and conditions:(a) The term of the loan, excluding any refinancing under Section 1917.133, shall be at least...
  • Section 1917.132.
    (a) The borrower shall have the right to prepay, at any time, in full or in part, the principal loan balance of the shared appreciation loan,...
  • Section 1917.133.
    (a) If a shared appreciation loan with an original term of less than 10 years is not prepaid in full or the property is not sold...
  • Section 1917.134.
    Except as provided in this article, the terms and conditions of the refinancing loan shall be subject to all laws applicable to loans in effect...
  • Section 1917.135.
    Nothing in this chapter shall preclude the borrower from obtaining any other financing, in lieu of the refinancing provided for in Section 1917.133, including refinancing...

Last modified: October 22, 2018