GroundRules
CIV § 1917.073
Where this section sits in the code
- Civil Code - CIV
- DIVISION 3. OBLIGATIONS [1427. - 3273.91.]
- PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS [1738. - 3273.91.]
- TITLE 4. LOAN [1884. - 1923.10.]
- CHAPTER 4. Shared Appreciation Loans of E.R.I.S.A. Pension Funds [1917.010. - 1917.075.]
- ARTICLE 7. Notices and Disclosures [1917.070. - 1917.075.]
Each lender making a shared appreciation loan shall additionally furnish to the prospective borrower, prior to the consummation of the loan, a statement containing the following information:
IMPORTANT INFORMATION ABOUT YOUR SHARED APPRECIATION LOAN
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 that you should consider.
1. Prevailing interest rate: __%.
2. Fixed interest rate on this loan: __%.
3. Lender’s share of net appreciated value: one-third.
4. Amount of this loan: $__.
5. Amount of the monthly payments: $__.
6. Term of this loan: __ years.
7. Amortization period on which payments are calculated: 30 years.
8. Prepayment penalty (if any) __.
Collected 2026-09-14T05:56:33Z. Source file · JSON