California § 12357 - Unless the mortgage is covered by mortgage insurance, the value of the property c

Full text of California Public Contract Code - PCC § 12357 — Unless the mortgage is covered by mortgage insurance, the value of the property c, with citation guidance and answers to common questions.

§ 12357. Unless the mortgage is covered by mortgage insurance, the value of the property c

Unless the mortgage is covered by mortgage insurance, the value of the property covered by each such mortgage constituting all or part of such deposit in this State shall be appraised by one or more appraisers selected or approved by the commissioner. The appraisers shall be familiar with property values of the particular type of property and generally in the region in which the property or some part thereof is situated.

Source: official California text · Last verified 2026-08-27

Related California Legal Topics

Frequently Asked Questions About California § 12357

What does Public Contract Code - PCC § 12357 cover?

Section 12357 ("Unless the mortgage is covered by mortgage insurance, the value of the property c") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 12357?

A common citation format is "Public Contract Code - PCC § 12357" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 12357 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.