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§ 7110. Nondiscriminatory Appraisals.

21 CA ADC § 7110Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 21. Public Works
Division 3. California State Transportation Agency
Chapter 4. Regulations Pursuant to the Housing Financial Discrimination Act of 1977 (Refs & Annos)
Article 2. Nondiscrimination Requirements
21 CCR § 7110
§ 7110. Nondiscriminatory Appraisals.
Currentness
(a) No financial institution shall utilize an appraisal or shall deny a loan based upon an appraisal which the financial institution knows or reasonably should know discriminates on any of the following bases:
(1) The neighborhood or geographic area surrounding the subject property;
(2) A consideration of race, color, religion, sex, marital status, national origin or ancestry; and
(3) A consideration of the racial, ethnic, religious or national origin composition of the neighborhood or geographic area surrounding the subject property or whether or not such composition is undergoing change or is expected to undergo change.

Credits

Note: Authority cited: Section 35814, Health and Safety Code. Reference: Sections 35810-35815, Health and Safety Code.
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 21, § 7110, 21 CA ADC § 7110
End of Document