California Codes, Civil Code - CIV, Division 2 — Property, Part 2 — Real or Immovable Property, Title 5 — Marketable Record Title, Chapter 2 — Ancient Mortgages and Deeds of Trust, Section 882.040
(a) Subject to Section 880.370 (grace period for recording notice) and except as otherwise provided in this section, this chapter applies on the operative date to all mortgages, deeds of trust, and other instruments that create a security interest in real property to secure a debt or other obligation, whether executed or recorded before, on, or after the operative date.
(b) This chapter shall not cause the lien of a mortgage, deed of trust, or other security interest in real property to expire or become unenforceable before the passage of five years after the operative date of this chapter.
Notes
Sets the security-interest expiration chapter to apply on its operative date to mortgages, deeds of trust, and other recorded real-property security instruments regardless of execution or recording date, subject to the preservation-notice grace period and other stated exceptions. It cannot cause a lien to expire or become unenforceable before five years after that operative date.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 882.040 | https://laws.lexinter.net/codes/california/civil-code/division-2/part-2/title-5/chapter-2/section-882-040