California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 5 — Shared Appreciation Loans, Article 7 — Notices and Disclosures, Section 1917.175

Where, pursuant to any provision of law, the lender is required to disclose the amount of interest due or to be due under a shared appreciation loan and the amount of contingent deferred interest due or to be due is not known, the lender may disclose that fact and specify in the disclosure the method for calculating contingent deferred interest.

Notes

Allows a lender required by law to disclose interest due or to become due on a shared appreciation loan to state that contingent deferred interest is unknown when its amount cannot be determined. Requires the lender, in that disclosure, to specify the method for calculating the contingent deferred interest.

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