Cal. Civ. Code § 1917.042

Current through the 2023 Legislative Session.

Section 1917.042 - Calculation if appraisal by lender selected appraiser lower in amount

If the appraisal by the appraiser selected by the borrower is lower in amount than the appraisal by the appraiser selected by the lender, the amount to be used to calculate the annual adjustment shall be one-half of the sum of the two appraisals.

Ca. Civ. Code § 1917.042

Repealed and added by Stats. 1982, Ch. 466, Sec. 11. Inoperative January 1, 1990, by Stats. 1982, Ch. 466, Sec. 11.5.