Cal. Health & Saf. Code § 52022

Current through the 2023 Legislative Session.
Section 52022 - Indebtedness subject to acceleration

Notwithstanding Section 711 of the Civil Code, any indebtedness incurred pursuant to a mortgage financed under the terms of this part shall be subject to acceleration and the balance owing declared immediately due and payable upon the sale of the home to a purchaser who does not meet the required qualifications for borrowers of subdivision (f) of Section 52020 or any more stringent qualifications as the city or county may require.

Ca. Health and Saf. Code § 52022

Amended by Stats. 1980, Ch. 466.