California housing & land-use law
10 CCR § 2841.5. Recordation of Trust Deeds — Multi-Lender Loans.
Title 10, California Code of Regulations (real estate), as enacted — this section's verbatim text. The library holds selected sections of this code, not the whole code.
- Edition
- 2026-09-23 official publisher snapshot
- Effective
- 2006-03-30
- Last updated
- 2026-09-26
- Jurisdiction
- California
§ 2841.5¶
Recordation of Trust Deeds — Multi-Lender Loans.
A real estate licensee who negotiates a promissory note secured by a trust deed on real property pursuant to Section 10238 of the Code shall cause the trust deed to be executed naming as beneficiaries the lenders or their nominee (who shall not be the licensee or the licensee's nominee) and shall cause the trust deed to be recorded, with the county recorder of the county in which the real property is located prior to the time that any funds are disbursed, except when the lender has given written authorization for prior release. If funds are released on the lenders' written authorization, the trust deed shall be recorded, or delivered to the lenders or beneficiaries with a written recommendation that it be recorded forthwith, within 10 days following release.
Official source: § 2841.5. Recordation of Trust Deeds — Multi-Lender Loans..
Source snapshot retrieved: 2026-09-23T18:13:16.060Z.
- New section filed 2-28-2006; operative 3-30-2006 (Register 2006, No. 9).
Version dates (indexing metadata): Effective 2006-03-30.
Date derivation (indexing metadata): This is the current publisher text. The filing history states: "1. New section filed 2-28-2006; operative 3-30-2006 (Register 2006, No. 9)." The indexing start is therefore 2006-03-30. No earlier version is represented.