Terms Used In California Codes > Financial Code > Division 24 > Chapter 3 - Exemptions

• Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• County: includes city and county. See California Business and Professions Code 17
• Escrow: Money given to a third party to be held for payment until certain conditions are met.
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Mortgage loan: A loan made by a lender to a borrower for the financing of real property. ^{Source: OCC}
• Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
• Secretary: means the Secretary of Food and Agriculture. See California Food and Agricultural Code 35
• State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21
• Writ: A formal written command, issued from the court, requiring the performance of a specific act.