District Of Columbia § 42-2302 - Notice requirements.
Full text of District Of Columbia D.C. Code § 42-2302 — Notice requirements., with citation guidance and answers to common questions.
§ 42-2302. Notice requirements.
42-2302A credit line deed of trust shall include:
On the front page, either in capital letters or underscored, the words “THIS IS A HOME EQUITY CREDIT LINE DEED OF TRUST. DEFAULT ON PAYMENTS MAY RESULT IN THE LOSS OF YOUR HOME.”;
Language to convey notice to all parties that the noteholder, the grantors, and other borrowers identified have an agreement whereby the noteholder may make or contemplates making advances from time to time against the security described in the credit line deed of trust;
The maximum aggregate amount of principal to be secured at any 1 time; and
An explicit statement of the rights and obligations of the borrower and the consequences of default.
Failure to provide the notice required by subsection (a) of this section shall be deemed an unlawful trade practice punishable under .
This section shall apply only to a credit line deed of trust for single family residential property.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 42-2302
What does D.C. Code § 42-2302 cover?
Section 42-2302 ("Notice requirements.") is part of the D.C. Code, the codified statutory law of District Of Columbia. 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 District Of Columbia § 42-2302?
A common citation format is "D.C. Code § 42-2302" (District Of Columbia). 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 District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 42-2302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia 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 District Of Columbia.