California Civil Code

§ 1917.042

CIV § 1917.042Div. 3 · Title 4 · Part 4 · Ch. 4 · Art. 4

Statute text

If the appraisal by the appraiser selected by the borrower is lower in amount than the appraisal by the appraiser selected by the lender, the amount to be used to calculate the annual adjustment shall be one-half of the sum of the two appraisals.

Legislative history

Repealed and added by Stats. 1982, Ch. 466, Sec. 11. Inoperative January 1, 1990, by Stats. 1982, Ch. 466, Sec. 11.5.