ARTICLE 4. Annual Appraisals [1917.040. - 1917.044.]
Article 4 added by Stats. 1982, Ch. 466, Sec. 11.
§§ 1917.040–1917.044 · 5 sections
- § 1917.040 The fair market value of the real property securing a shared appreciation loan shall be determined annually as provided in this article. The lender shall… see note
- § 1917.041 If the borrower disputes the amount of the appraisal, the borrower, within 30 days of the anniversary date of the loan, may procure an appraisal of the… see note
- § 1917.042 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… see note
- § 1917.043 The appraisal amount, as determined pursuant to Section 1917.040 if the borrower does not dispute the appraisal amount, or 1917.042 if the borrower disputes… see note
- § 1917.044 The qualifications of the appraisers may be specified by the terms of the shared appreciation loan for purposes of this article and Article 5 (commencing with… see note