California § 10240.2. 10240.2. (Added by Stats. 1985, Ch. 1355, Sec. 6.)

California Statutes

§ 10240.2. — 10240.2. (Added by Stats. 1985, Ch. 1355, Sec. 6.)

California § 10240.2.

JurisdictionCalifornia

Code BPCBusiness 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

This text of California § 10240.2. (10240.2. (Added by Stats. 1985, Ch. 1355, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 10240.2. (2026).

Text

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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