§ 151
- Citation
- § 151
- Parent Document
- Barrientos v. 1801-1825 MORTON LLC, 583 F.3d 1197 (2009)
- Jurisdiction
- United States (federal)
- Effective Date
- 2009-10-09
Other Sections in This Document (181)
- Barrientos v. 1801-1825 MORTON LLC, 583 F.3d 1197 (2009)
- Barrientos v. 1801-1825 MORTON LLC, 583 F.3d 1197 (2009)
- Barrientos v. 1801-1825 MORTON LLC, 583 F.3d 1197 (2009)
- Barrientos v. 1801-1825 MORTON LLC, 583 F.3d 1197 (2009)
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Full Text
345 charsa federal regulation permitted the inclusion of due-on-sale clauses in mortgages (allowing lenders to make the entire loan immediately payable upon transfer of property), and expressly stated that it preempted state laws to the contrary. 458 U.S. at 146-47, 102 S.Ct. 3014. California courts had created a state law doctrine to the contrary. Id.