Cal. Code Regs. tit. 10, § 40.619 – Reconveyance Fees.

(a) A reconveyance fee shall not be charged in connection with the refinance of a loan secured by real property if the same real property will secure the new loan.
(b) A reconveyance fee charged by an industrial loan company, its parent, or any of its affiliates is a charge as defined in Section 18007 of the Financial Code.

Note: Authority cited: Section 18347, Financial Code. Reference: Section 18007, Financial Code.

History

1. Change without regulatory effect renumbering former section 1178 to new section 40.619 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).