{"data":{"id":"us-ca/fin-18295","jurisdiction":"us-ca","citation":"FIN § 18295","heading":"","body":"An industrial loan company may collect the costs of title insurance for loans secured primarily by real property. The costs for such insurance may be collected if:\n(1) The principal amount of the loan is at least one thousand dollars ($1,000);\n(2) The loan is secured by a lien of a deed of trust or mortgage on real property which is the subject of such policy of title insurance;\n(3) The policy of title insurance is made payable to the lender or jointly to such lender and the borrower as their interests may appear;\n(4) The coverage of such insurance may not exceed the lesser of the principal amount of the loan or the fair market value of the real property less prior encumbrances;\n(5) The insurance is placed at standard rates through a title insurance company authorized to do business in the State of California;\n(6) In connection with the renewal or extension of a loan, the additional cash advance is at least one thousand dollars ($1,000).\nSuch costs as herein authorized are not included in the maximum charges which may be made under this division.","path":["Financial Code - FIN","DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","CHAPTER 3. Loans and Purchased Obligations [18190. - 18303.]","ARTICLE 6. Insurance Sold With Loans [18290. - 18296.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"30f7785a047230dead7bbc07182f4b8f66caf3d87e94cf286b815c709d8cecd1","source_id":"us-ca","stale":false,"prev":"us-ca/fin-18294","next":"us-ca/fin-18296"},"notice":"GroundRules: Original legal text. Not legal advice."}