Business and Professions Code section 10240.2


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.

Source: Section 10240.2, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=10240.­2.­ (updated Jan. 1, 1985; accessed Jul. 14, 2025).

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Verified:
Jul. 14, 2025

§ 10240.2's source at ca​.gov