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    See, E.G. Winnett v. Roberts, Supra, 179 Cal App.3d 909, 902 Lichtv v. Whitney, Supra, 80 Cal. App.2d 696, 701 See Also Code Civ. Proc. SS 2074.

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    A tender of the proper amount owed, even if rejected, can extinguish a lien and prevent foreclosure. According to the document, courts have held that a tender only needs to include the principal amount, not interest, if the note charges a usurious interest rate that the creditor is not legally entitled to receive. In those cases, a tender of just the principal is sufficient to preclude foreclosure.

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    See, E.G. Winnett v. Roberts, Supra, 179 Cal App.3d 909, 902 Lichtv v. Whitney, Supra, 80 Cal. App.2d 696, 701 See Also Code Civ. Proc. SS 2074.

    Uploaded by

    MikeDouglas
    74 views1 page
    A tender of the proper amount owed, even if rejected, can extinguish a lien and prevent foreclosure. According to the document, courts have held that a tender only needs to include the principal amount, not interest, if the note charges a usurious interest rate that the creditor is not legally entitled to receive. In those cases, a tender of just the principal is sufficient to preclude foreclosure.

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    4 03 07 Law PayingCourtFees

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    4 03 07 Law PayingCourtFees

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    A tender of the proper amount owed, even if rejected, can extinguish a lien and prevent foreclosure. According to the document, courts have held that a tender only needs to include the principal amount, not interest, if the note charges a usurious interest rate that the creditor is not legally entitled to receive. In those cases, a tender of just the principal is sufficient to preclude foreclosure.

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    © All Rights Reserved
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    74 views1 page

    See, E.G. Winnett v. Roberts, Supra, 179 Cal App.3d 909, 902 Lichtv v. Whitney, Supra, 80 Cal. App.2d 696, 701 See Also Code Civ. Proc. SS 2074.

    Uploaded by

    MikeDouglas
    A tender of the proper amount owed, even if rejected, can extinguish a lien and prevent foreclosure. According to the document, courts have held that a tender only needs to include the principal amount, not interest, if the note charges a usurious interest rate that the creditor is not legally entitled to receive. In those cases, a tender of just the principal is sufficient to preclude foreclosure.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    A tender of the proper amount due, even if rejected,

    extinguishes the lien and precludes foreclosure* ( See, e.g. Winnett v.


    Roberts, supra, 179 Cal App.3d 909, 902; Lichtv v. Whitney, supra, 80 Cal. App.2d 696,
    701; see also Code Civ. Proc. SS 2074.) In Winnett the court held that a
    tender of the principal amount without interest was sufficient
    because the note was usurious and the creditor was not
    entitled to receive interest.

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