California Military and Veterans Code

§ 987.85

MVC § 987.85 Effective Jan 1, 2022Div. 4 · Ch. 6 · Art. 3.1

Statute text

(a)The department shall not acquire a home in which the veteran has an interest of record except in the following instances:

(1)Where the application is for aid for the construction of a home upon real property owned by the applicant and the improvements to be constructed thereon have not reached completion as evidenced by the issuance of a certificate of occupancy.

(2)Where the veteran had no interest of record in the property at the time of filing their application and thereafter secured interim financing pending the processing and approval of the application by the department.

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Legislative history

Amended by Stats. 2021, Ch. 549, Sec. 16. (SB 661) Effective January 1, 2022.