Civil Code section 1917.069

The aggregate amount of any fee charged to the borrower for processing an application and preparing any necessary documents in connection with originating a shared appreciation loan shall not exceed the reasonable cost of providing the service. No prepaid interest shall be charged to the borrower, but nothing in this chapter shall preclude a lender from requiring a fee for providing commitments for shared appreciation loans to builders or others who will not be the ultimate borrower.

Source: Section 1917.069, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CIV§ionNum=1917.­069.­ (updated Jan. 1, 1990; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 1917.069's source at ca​.gov