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Earlier editions: 2020-112018-112026-09

DIVISION 3. OBLIGATIONS 1427-3273.91›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273.91›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

§ 1917.069

California Civil Code · 2026-10 edition · updated 2026-10-04 · California

The aggregate amount of any fee charged to the borrower for processing an application and preparing any necessary documents in connection with originating a shared appreciation loan shall not exceed the reasonable cost of providing the service. No prepaid interest shall be charged to the borrower, but nothing in this chapter shall preclude a lender from requiring a fee for providing commitments for shared appreciation loans to builders or others who will not be the ultimate borrower.

(Repealed and added by Stats. 1982, Ch. 466, Sec. 11.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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