California Financial Code 5114.5 – “Residential real estate” means any improved real property that is …
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“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.