Transactional Documents for Mortgagees and Contractors

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ADDENDUM
(California)

	

							HUD Project Number:
							Project Name:


	The Deed of Trust is the accepted and preferred security device in California (Miller and Starr, California Real Estate, Third Edition, §10.1).  Therefore the title of the Security Instrument is modified as follows:  HEALTHCARE Deed of Trust, Assignment of Rents and Security Agreement. 




THIS SECURITY INSTRUMENT SHALL BE PREPARED TO CONFORM TO THE REQUIREMENTS OF THE LOCAL FILING JURISDICTION IN WHICH THE DOCUMENT IS TO BE RECORDED AND FILED.






CALIFORNIA


CONSTRUCTION CONTRACT

California Business and Professions Code §7030 requires the following provision to be included in all written contracts* with a prime contractor.  The print must be in at least 10-point type.

   "Contractors are required by law to be licensed and regulated by
the Contractors' State License Board which has jurisdiction to
investigate complaints against contractors if a complaint regarding a
patent act or omission is filed within four years of the date of the
alleged violation. A complaint regarding a latent act or omission
pertaining to structural defects must be filed within 10 years of the
date of the alleged violation. Any questions concerning a contractor
may be referred to the Registrar, Contractors' State License Board,
P.O. Box 26000, Sacramento, CA 95826."


* except for contractors writing home improvement contracts pursuant to Business and Professions Code §7151.2 and contractors writing service and repair contracts pursuant to Business and Professions Code §7159.10.