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California · Through 2026-09-13

CIV § 1917.713

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Where this section sits in the code
  1. Civil Code - CIV
  2. DIVISION 3. OBLIGATIONS [1427. - 3273.91.]
  3. PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS [1738. - 3273.91.]
  4. TITLE 4. LOAN [1884. - 1923.10.]
  5. CHAPTER 7. Shared Appreciation Loans for Seniors [1917.320. - 1917.714.]
  6. ARTICLE 6. Notices and Disclosures [1917.710. - 1917.714.]

Each lender making a shared appreciation loan for seniors shall additionally furnish to the prospective borrower, prior to consummation of the loan, a statement containing the following information:

IMPORTANT INFORMATION ABOUT YOUR SHARED APPRECIATION LOAN FOR SENIORS

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 you should consider.

1. Prevailing interest rate: __%.

2. Stated interest rate on this loan: __%.

3. Projected contingent interest: __%.

4. Initial amount of this loan: $__.

5. Amount of the monthly annuity payments you will receive: $__.

6. Projected term of this loan: __ years.

7. Projected total loan obligation you will have to pay, assuming the loan continues to the end of the “borrower’s” life expectancy: $__.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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