California Statutes
§ 10240.2. — 10240.2. (Added by Stats. 1985, Ch. 1355, Sec. 6.)
California·Code BPC Business and Professions Code - BPC·Div. 4. DIVISION 4. REAL ESTATE·Part 1. PART 1. LICENSING OF PERSONS·Ch. 3. CHAPTER 3. Real Estate Regulations·Art. 7. ARTICLE 7. Real Property Loans
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.
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California § 10240.2. (10240.2. (Added by Stats. 1985, Ch. 1355, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1985, Ch. 1355, Sec. 6.