California Health and Safety Code

§ 52022

HSC § 52022Div. 31 · Part 5 · Ch. 3

Statute text

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.

Legislative history

Amended by Stats. 1980, Ch. 466.