DIVISION 3. OBLIGATIONS 1427-3272.9›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273›TITLE 4. LOAN 1884-1923.10›CHAPTER 4. Shared Appreciation Loans of E.R.I.S.A. Pension Funds 1917.010-1917.075›ARTICLE 7. Notices and Disclosures 1917.070-1917.075
§ 1917.074
California Civil Code · 2018-11 edition · updated 2026-10-04 · California
Each deed of trust and evidence of debt executed in connection with a shared appreciation loan shall contain a statement, printed or written in a size equal to at least 12-point bold type, consisting of substantially the following language: “THIS IS A [DURATION] SHARED APPRECIATION LOAN. THE LENDER'S INTEREST INCLUDES ONE-THIRD OF THE NET APPRECIATED VALUE OF THE PROPERTY. FOR FURTHER INFORMATION, READ THE FLYER "INFORMATION ABOUT THE [NAME OF LENDER] SHARED APPRECIATION LOAN.'" The notice required by this section shall be completed to state the term of the shared appreciation loan.
(Repealed and added by Stats. 1982, Ch. 466, Sec. 11. Inoperative January 1, 1990, by Stats. 1982, Ch. 466, Sec. 11.5.)
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