California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 7 — Shared Appreciation Loans for Seniors, Article 5 — General Provisions, Section 1917.614
The lien of a deed of trust securing a shared appreciation loan for seniors shall include and secure the total loan obligation of the shared appreciation loan for seniors.
Notes
Requires the lien of a deed of trust securing a shared appreciation loan for seniors to include and secure the loan’s total obligation. Establishes that the deed-of-trust lien secures the entire amount constituting the total loan obligation under the shared appreciation loan for seniors.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1917.614 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-7/article-5/section-1917-614