ARTICLE 3. Terms and Conditions [1917.130. - 1917.135.]
Article 3 added by Stats. 1982, Ch. 466, Sec. 12.
§§ 1917.130–1917.135 · 6 sections
- § 1917.130 Lenders may make shared appreciation loans pursuant to this chapter for the purchase of real property improved with one- to four-dwelling units, including… see note
- § 1917.131 A shared appreciation loan shall include the following terms and conditions: (a) The term of the loan, excluding any refinancing under Section 1917.133, shall… see note
- § 1917.132 (a) The borrower shall have the right to prepay, at any time, in full or in part, the principal loan balance of the shared appreciation loan, together with… see note
- § 1917.133 (a) If a shared appreciation loan with an original term of less than 10 years is not prepaid in full or the property is not sold or transferred prior to… see note
- § 1917.134 Except as provided in this article, the terms and conditions of the refinancing loan shall be subject to all laws applicable to loans in effect on the date of… see note
- § 1917.135 Nothing in this chapter shall preclude the borrower from obtaining any other financing, in lieu of the refinancing provided for in Section 1917.133, including… see note