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 1917.163
This chapter facilitates the making of shared appreciation financing in this state which conforms to the provisions of this chapter. The terms and conditions of any shared appreciation loan made pursuant to this chapter shall be consistent with this chapter. This chapter does not, however, apply to or limit shared appreciation financing of real property of a type specified in Section 1917.130 that is made pursuant to other provisions of law, or which is not otherwise unlawful. Nothing in this chapter shall be construed to in any way affect shared appreciation financing of commercial property or residential property not meeting the criteria specified in Section 1917.130.
Notes
Requires shared appreciation loans made under the chapter to have terms and conditions consistent with the chapter. Exempts otherwise lawful shared appreciation financing of the specified residential-property type made under other provisions of law from the chapter's application or limits, and leaves shared appreciation financing of commercial property or residential property not meeting the referenced criteria unaffected.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1917.163 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-5/article-6/section-1917-163