California Code of Regulations
Title 25 - Housing and Community Development
Division 1 - Housing and Community Development
Chapter 5 - Registration and Titling of Manufactured Homes, Mobilehomes, Multifamily Manufactured Home, Commercial Modular, Truck Campers, and Floating Homes
Article 8 - Perfection and Release of Security Interests
Section 5587 - Reporting the Retention of Interest of a Junior Lienholder

Universal Citation: 25 CA Code of Regs 5587

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) An application for registration to change the registered owner(s) of a unit, but which retains the junior lienholder's security interest in the unit, shall include:

(1) The Junior Lienholder's Registration Card, signed by the junior lienholder on the designated line(s) or in the designated area for retention of that junior lienholder; or,

(2) A statement signed under penalty of perjury by the junior lienholder, which includes:

(A) the unit(s) identifying information;

(B) the registered owner(s) name(s) and mailing address(es);

(D) the junior lienholder's name and mailing address;

(E) why the Junior Lienholder Registration Card could not be submitted; and

(F) an acknowledgment that the junior lienholder is retaining the security interest.

1. New section filed 12-31-97; operative 1-1-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 1).

Note: Authority cited: Sections 18015 and 18075, Health and Safety Code. Reference: Section 18100.5, Health and Safety Code.

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