DIVISION 3. OBLIGATIONS 1427-3272.9›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273›TITLE 4. LOAN 1884-1923.10›CHAPTER 5. Shared Appreciation Loans 1917.110-1917.175›ARTICLE 7. Notices and Disclosures 1917.170-1917.175
§ 1917.173
California Civil Code · 2018-11 edition · updated 2026-10-04 · California
Each lender making a shared appreciation loan shall additionally furnish to the prospective borrower, prior to consummation of the loan, a statement containing the following information:IMPORTANT INFORMATION ABOUT YOUR SHARED APPRECIATION LOAN
You are being offered a shared appreciation loan. Before you decide to accept this loan, read this statement, which is designed to provide important information you should consider.
Prevailing interest rate: __%.
Interest rate on this loan: __%.
Lender’s share of net appreciated value: __%.
Amount of this loan: $__.
Amount of the monthly payments: $__.
Term of this loan: __ years.
Amortization period on which payments are calculated: __ years.
Prepayment charge (if any): __.
(Repealed and added by Stats. 1982, Ch. 466, Sec. 12. Inoperative January 1, 1987, by Stats. 1982, Ch. 466, Sec. 12.5.)
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