“Residential real estate” means any improved real property that is used or intended to be used as a residence and contains not more than four dwelling units.

(Added by Stats. 1985, Ch. 983, Sec. 1.5. Effective September 26, 1985.)

Terms Used In California Financial Code 5114.5

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.