Applicability. This chapter applies only to transactions involving purchase money loans made by lenders that are secured by first or second deeds of trust or mortgages, excluding second deeds of trust or mortgages for refinancing purposes only, on real estate containing not more than 4 residential dwelling units. (Feb. 24, 1987, D.C. Law 6-187, § 3, 33 DCR 7681.) Prior Codifications 1981 Ed., § 45-2802.
District of Columbia Legal Code