DIVISION 3. OBLIGATIONS 1427-3272.9›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273›TITLE 14. LIEN 2872-3081›CHAPTER 2. Mortgage 2920-2967›ARTICLE 2. Mortgage of Real Property 2947-2955.5
§ 2953.5
California Civil Code · 2018-11 edition · updated 2026-10-04 · California
(a) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which expressly states that the subordinating loan shall exceed twenty-five thousand dollars ($25,000).
(b) Sections 2953.1 through 2953.4 shall not apply to any subordination clause or subordination agreement which is executed in connection with a loan which exceeds twenty-five thousand dollars ($25,000).
(Added by Stats. 1963, Ch. 1861.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code