California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 4 — Shared Appreciation Loans of E.R.I.S.A. Pension Funds, Article 3 — Terms and Conditions, Section 1917.034
Nothing in this chapter shall preclude the borrower from obtaining any other financing, in lieu of the refinancing provided for in Section 1917.033, including refinancing on other terms that are mutually agreeable to the borrower and lender.
Notes
Allows a shared appreciation borrower to obtain other financing instead of the refinancing provided by the referenced chapter provision. Allows the borrower and lender to agree mutually to refinancing on other terms, so the chapter's stated refinancing mechanism does not prevent a different financing arrangement accepted by both parties.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1917.034 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-4/article-3/section-1917-034