California · Health and Safety Code - HSC
HSC §51522: For the purposes of this chapter: (a) “First-time homebuyer” has the same meaning as defined in Section 50068.
Read the full statutory text
For the purposes of this chapter: (a) “First-time homebuyer” has the same meaning as defined in Section 50068.5. (b) “Fund” means the California Dream for All Fund. (c) “Program” means the California Dream for All Program. (d) “Shared appreciation loan” means a deferred-payment subordinate mortgage loan, the repayment of which is based on the amount of the subordinate loan plus the appreciation in the value of the home financed by the loan from the time of purchase to the time the home is sold or refinanced.
Verify at the official source: California legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.