Definitions.
For the purposes of this chapter, the term: “Credit line deed of trust” means any deed of trust in which title to real property located in the District of Columbia is conveyed, transferred, encumbered, or pledged to secure repayment of money that is loaned in the form of periodic advances by the noteholder named in the credit line deed of trust. “Real property” has the meaning set forth in § 47-802(1). “Single family residential property” shall have the same meaning as the term has in § 47-803(6).
Annotations
Jan. 28, 1988, D.C. Law 7-67, § 2, 34 DCR 7441 Mar. 11, 1992, D.C. Law 9-72, § 2(a), 39 DCR 20 1981 Ed., § 45-2901.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.