CALIFORNIA FINANCIAL CODE


22330. Deed of trust, mortgage or lien on real property as security

    No licensee [licensed loan companies, formally known in California as Personal Property Brokers] shall take a deed of trust, mortgage, or lien upon real property as security for any loan of a principal amount of less than five thousand dollars ($ 5,000) made under this division, except any lien as is created by law upon the recording of an abstract of judgment.