Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 10240.2 — Real Property Loans

Cal. Bus. & Prof. Code § 10240.2

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

As used in this article, “ dwelling” means any of the following units which are owned by a signatory to the mortgage or deed of trust secured by the dwelling unit at the time of execution of the mortgage or deed of trust:

Citator

Cal. Bus. & Prof. Code § 10240.2 — Real Property Loans is in force in the current edition of the Code, and nothing recorded condemns it.

As used in this article, “ dwelling” means any of the following units which are owned by a signatory to the mortgage or deed of trust secured by the dwelling unit at the time of execution of the mortgage or deed of trust:

(a) A single dwelling unit in a condominium or cooperative.

(b) Any parcel containing only residential buildings if the total number of units on the parcel is four or less.