Legal Question in Construction Law in California

What is the legal limit for interest charged to settle a mechanics lien in California. Per year?

Asked on 6/14/17, 1:14 pm

1 Answer from Attorneys

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There isn't one. California's usury law is so riddled with loopholes that about the only thing it prohibits is loan sharking.

Answered on 6/14/17, 3:47 pm

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