DIVISION 3. OBLIGATIONS 1427-3273›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273.16›TITLE 4. LOAN 1884-1923.10›CHAPTER 4. Shared Appreciation Loans of E.R.I.S.A. Pension Funds 1917.010-1917.075›ARTICLE 6. General Provisions 1917.060-1917.069
§ 1917.066
California Civil Code · 2020-11 edition · updated 2026-10-04 · California
The lien of a shared appreciation loan, including the principal amount and all interest, whether accrued or to be accrued, and all amounts of contingent deferred interest, shall attach from the time of the recordation of the deed of trust securing the loan, and the lien, including the lien of the interest accrued or to be accrued and of the contingent deferred interest, shall have priority over any other lien or encumbrance affecting the property secured by the shared appreciation instrument which is recorded after the time of recordation of the shared appreciation instrument. However, nothing in this section or Section 1917.165 shall preclude a junior lien or encumbrance subordinate to the obligation 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(Repealed and added by Stats. 1982, Ch. 466, Sec. 11.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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