{"code":"CIV","codeName":"Civil Code","section":"1917.713","citation":"Civ. Code, § 1917.713","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. OBLIGATIONS [1427. - 3273.91.]","url":"https://blackletter.si/civil-code/division-3"},{"name":"PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS [1738. - 3273.91.]","url":"https://blackletter.si/civil-code/division-3/part-4"},{"name":"TITLE 4. LOAN [1884. - 1923.10.]","url":"https://blackletter.si/civil-code/division-3/part-4/title-4"},{"name":"CHAPTER 7. Shared Appreciation Loans for Seniors [1917.320. - 1917.714.]","url":"https://blackletter.si/civil-code/division-3/part-4/title-4/chapter-7"},{"name":"ARTICLE 6. Notices and Disclosures [1917.710. - 1917.714.]","url":"https://blackletter.si/civil-code/division-3/part-4/title-4/chapter-7/article-6"}],"history":"Added by Stats. 1984, Ch. 1701, Sec. 1.","effective":null,"html":"<p>Each lender making a shared appreciation loan for seniors shall additionally furnish to the prospective borrower, prior to consummation of the loan, a statement containing the following information:<br /><p>IMPORTANT INFORMATION ABOUT YOUR SHARED APPRECIATION LOAN FOR SENIORS</p><br /></p><p>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.</p><p>1. Prevailing interest rate: __%.</p><p>2. Stated interest rate on this loan: __%.</p><p>3. Projected contingent interest: __%.</p><p>4. Initial amount of this loan: $__.</p><p>5. Amount of the monthly annuity payments you will receive: $__.</p><p>6. Projected term of this loan: __ years.</p><p>7. Projected total loan obligation you will have to pay, assuming the loan continues to the end of the “borrower’s” life expectancy: $__. <br /></p>","text":"Each lender making a shared appreciation loan for seniors 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 FOR SENIORS 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. Stated interest rate on this loan: __%. 3. Projected contingent interest: __%. 4. Initial amount of this loan: $__. 5. Amount of the monthly annuity payments you will receive: $__. 6. Projected term of this loan: __ years. 7. Projected total loan obligation you will have to pay, assuming the loan continues to the end of the “borrower’s” life expectancy: $__.","otherVersions":[],"url":"https://blackletter.si/civil-code/notices-and-disclosures-1917-713","source":"California Legislative Information bulk export (pubinfo)"}