Title 42 — Real Property.
57 chapters · 1,018 sections in this title.
D.C. Code § 42-2301 Definitions
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For the purposes of this chapter, the term: (1) “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 peri…
D.C. Code § 42-2302 Notice requirements
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(a) A credit line deed of trust shall include: (1) 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.”; (2) Language to convey notice to all parties that…
D.C. Code § 42-2303 Priority of credit line deed of trust
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(a) From the date of the recording of a credit line deed of trust, the credit line deed of trust shall have priority: (1) Over all other deeds, conveyances, or other instruments, or contracts in writing, that are unrecorded as of that date and of which the noteholder has no knowl…