Nothing in this chapter relieves a reservist with a mortgage subject to an impound account for the payment of property taxes, special assessments, mortgage insurance, and hazard insurance from making monthly payments of an amount which is at least sufficient to pay these amounts, unless the borrower and lender agree to a lesser amount.

(Amended by Stats. 2022, Ch. 620, Sec. 9. (SB 1311) Effective January 1, 2023.)

Terms Used In California Military and Veterans Code 802

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.