Civ. Code, § 1918.5 · Chapter 7.5. Mortgage Loans
Civ. Code, § 1918.5
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
As used in this chapter:
(a) “Evidence of debt” means a note or negotiable instrument.
(b) “Secretary” means the Secretary of Business and Consumer Services.
(c) “Secretary’s designee” means the director of a department within the agency that licenses or regulates the institutions, organizations, or persons engaged in a business related to or affecting compliance with this chapter.
(d) “Security document” means a mortgage contract, deed of trust, real estate sales contract, or any note or negotiable instrument issued in connection therewith, when its purpose is to finance the purchase or construction of real property occupied or intended to be occupied by the borrower, containing four or fewer residential units or on which four or fewer residential units are to be constructed.
(e) The amendments made to this section by the act adding this subdivision shall become operative on July 1, 2026.
Notes and commentary — not statutory text
History
Amended by Stats. 2026, Ch. 28, Sec. 13. (SB 170) Effective June 29, 2026. Operative July 1, 2026, by its own provisions.
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=CIV§ionNum=1918.5.
- Text hash
- sha256 455f9c0617e4f0cb610689624b7902a0e68fdb92c4c679c3337c3e841f955a9e
- 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 Civ. Code, § 1918.5. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.