Section 1917.713.
Cal. Civil Code - CIV § 1917.713.
in effectEach lender making a shared appreciation loan for seniors shall additionally furnish to the prospective borrower, prior to consummation of the loan, a statement containing the following information:
IMPORTANT INFORMATION ABOUT YOUR SHARED APPRECIATION LOAN FOR SENIORS
You are being offered a shared appreciation loan. Before you decide to accept this loan, read this statement, which is designed to provide important information you should consider.
1.
Prevailing interest rate: __%.
2.
Stated interest rate on this loan: __%.
3.
Projected contingent interest: __%.
4.
Initial amount of this loan: $__.
5.
Amount of the monthly annuity payments you will receive: $__.
6.
Projected term of this loan: __ years.
7.
Projected total loan obligation you will have to pay, assuming the loan continues to the end of the “borrower’s” life expectancy: $__.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026