{"code":"BPC","codeName":"Business and Professions Code","section":"10240.2","citation":"Bus. & Prof. Code, § 10240.2","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 4. REAL ESTATE [10000. - 11506.]","url":"https://blackletter.si/business-and-professions-code/division-4"},{"name":"PART 1. LICENSING OF PERSONS [10000. - 10580.]","url":"https://blackletter.si/business-and-professions-code/division-4/part-1"},{"name":"CHAPTER 3. Real Estate Regulations [10130. - 10249.93.]","url":"https://blackletter.si/business-and-professions-code/division-4/part-1/chapter-3"},{"name":"ARTICLE 7. Real Property Loans [10240. - 10248.3.]","url":"https://blackletter.si/business-and-professions-code/division-4/part-1/chapter-3/article-7"}],"history":"Added by Stats. 1985, Ch. 1355, Sec. 6.","effective":null,"html":"<p>As used in this article, “ dwelling” means any of the following units which are owned by a signatory to the mortgage or deed of trust secured by the dwelling unit at the time of execution of the mortgage or deed of trust:</p><p>(a) A single dwelling unit in a condominium or cooperative.</p><p>(b) Any parcel containing only residential buildings if the total number of units on the parcel is four or less.</p>","text":"As used in this article, “ dwelling” means any of the following units which are owned by a signatory to the mortgage or deed of trust secured by the dwelling unit at the time of execution of the mortgage or deed of trust: (a) A single dwelling unit in a condominium or cooperative. (b) Any parcel containing only residential buildings if the total number of units on the parcel is four or less.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/real-property-loans-10240-2","source":"California Legislative Information bulk export (pubinfo)"}