Sections
9 entriesSection 1917.160Establishes the relationship between borrower and lender for a shared appreciation loan as debtor and creditor. Prohibits treating or construing that relationship…Section 1917.161Bars any waiver of a borrower’s rights under the chapter by declaring the waiver void and unenforceable. The provision prevents borrower rights…Section 1917.162Allows a shared appreciation loan to contain an enforceable due-on-sale provision accelerating principal and accrued interest when the property is sold, notwithstanding…Section 1917.163Requires shared appreciation loans made under the chapter to have terms and conditions consistent with the chapter. Exempts otherwise lawful shared appreciation…Section 1917.164Exempts shared appreciation loans from Civil Code or Financial Code provisions limiting variable or renegotiable interest rates or requiring particular language in…Section 1917.165Requires the lien of a deed of trust securing a shared appreciation loan to include and secure the principal amount of the…Section 1917.166Establishes that a shared appreciation loan lien, including principal, accrued or future interest, and contingent deferred interest, attaches when the deed of…Section 1917.167Prohibits a fixed-rate shared appreciation loan that complied with constitutional usury requirements when originated from being treated as usurious solely because the…Section 1917.168Exempts a shared appreciation loan from the qualification requirements of Corporations Code Sections 25110, 25120, and 25130 to the extent the exemption…