California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 3.5 — Shared Appreciation Loans, 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 shared appreciation loan, and all interest, whether accrued or to be accrued, including all amounts of contingent deferred interest.
Notes
Establishes that each deed-of-trust lien securing a shared appreciation loan includes and secures the loan's principal amount and all interest, whether already accrued or to accrue. Extends the secured interest expressly to all amounts of contingent deferred interest, making those amounts part of the lien or liens securing the shared appreciation loan.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1917.003 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-3-5/section-1917-003