California Health and Safety Code 50063 – “Construction loan” means a short-term loan secured by real property, …
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“Construction loan” means a short-term loan secured by real property, made for development costs incurred in construction or rehabilitation of a housing development or residential structure.
(Amended by Stats. 1982, Ch. 312, Sec. 4. Effective June 28, 1982.)
Terms Used In California Health and Safety Code 50063
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.