Statute · California Civil Code

Cal. Civ. Code § 1923.3 — Reverse Mortgages

Cal. Civ. Code § 1923.3

Type
Statute
Source
California Civil Code
Jurisdiction
California
Date
1998-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

A reverse mortgage shall constitute a lien against the subject property to the extent of all advances made pursuant to the reverse mortgage and all interest accrued on these advances, and that lien shall have priority over any lien filed or recorded after recordation of a reverse mortgage loan.

Citator

Cal. Civ. Code § 1923.3 — Reverse Mortgages is in force in the current edition of the Code, and nothing recorded condemns it.

A reverse mortgage shall constitute a lien against the subject property to the extent of all advances made pursuant to the reverse mortgage and all interest accrued on these advances, and that lien shall have priority over any lien filed or recorded after recordation of a reverse mortgage loan.