Bus. & Prof. Code, § 10240.2 · Article 7. Real Property Loans
Bus. & Prof. Code, § 10240.2
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
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.
Notes and commentary — not statutory text
History
Added by Stats. 1985, Ch. 1355, Sec. 6.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=10240.2.
- Text hash
- sha256 a43f79779bd45975bbf59b19dd8e149b30689d1561a1d22271e88707809e3bc7
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 1 provision
Provisions in this library whose text cites Bus. & Prof. Code, § 10240.2. Each shows the citation as that text prints it.
Business and Professions Code
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