Cal. Health and Safety Code § 51064
Cal. Health and Safety Code § 51064
California · California Health and Safety Code · Status: effective · Effective 1982-09-27
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- Citation
- Cal. Health and Safety Code § 51064, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/869764
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Full text
The agency shall establish maximum sale prices for the initial sale of residential structures, the acquisition, construction, or rehabilitation of which is financed by the agency in anticipation of sale to persons and families of low or moderate income. The agency shall also establish a price for any residential structure whenever the buyer of such residential structure receives a mortgage loan from the agency. The maximum sale prices established by the agency pursuant to this section may provide a reasonable profit to the seller while serving the purposes of this division.