California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 5 — Shared Appreciation Loans, Article 6 — General Provisions, Section 1917.160
The relationship of the borrower and the lender, as to a shared appreciation loan, is that of debtor and creditor and shall not be, or be construed to be, a joint venture, equity venture, partnership, or other relationship.
Notes
Establishes the relationship between borrower and lender for a shared appreciation loan as debtor and creditor. Prohibits treating or construing that relationship as a joint venture, equity venture, partnership, or other relationship, so the statutory characterization of the parties remains limited to debtor and creditor for the shared appreciation loan.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1917.160 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-5/article-6/section-1917-160