BlackletterCalifornia law

Civil Code § 1917.069

ARTICLE 6. General Provisions

Current as of September 28, 2026 · not in forceCiv. Code, § 1917.069Official 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Repealed and added by Stats. 1982, Ch. 466, Sec. 11.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.

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.