Ca_Law

statute | California

Civil Code - CIV - CIV § 1917.173

  • UIDca_leginfo_codes:civ-1917-173
  • CitationCivil Code - CIV - CIV § 1917.173
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

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 appr

Text

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.
1.
Prevailing
interest rate: __%.
2.
Interest rate on this loan: __%.
3.
Lender’s share of net appreciated value: __%.
4.
Amount of this loan: $__.
5.
Amount of the monthly payments: $__.
6.
Term of this loan: __ years.
7.
Amortization period on which payments are calculated: __ years.
8.
Prepayment charge (if any): __.

Retrieval chunks

  • #1 | Civil Code - CIV - CIV § 1917.173

    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 a…