Civil Code § 1917.042

ARTICLE 4. Annual Appraisals

Current as of September 28, 2026 · not in forceCiv. Code, § 1917.042Official source ↗

Repealed and added by Stats. 1982, Ch. 466, Sec. 11. Inoperative January 1, 1990, by Stats. 1982, Ch. 466, Sec. 11.5.

No version of this section is in force on September 28, 2026; the latest listed version is shown.

If the appraisal by the appraiser selected by the borrower is lower in amount than the appraisal by the appraiser selected by the lender, the amount to be used to calculate the annual adjustment shall be one-half of the sum of the two appraisals.