CA Civ Code Section 8456


(a)

This section applies to a construction loan secured by a mortgage or deed of trust that has priority over a lien under this chapter.

(b)

An optional advance of funds by the construction lender that is used for construction costs has the same priority as a mandatory advance of funds by the construction lender, provided that the total of all advances does not exceed the amount of the original construction loan.
Last Updated

Aug. 19, 2023

§ 8456’s source at ca​.gov