Cal. Civil Code § 2927 : Lien — California Civil Code — Obligations — Mortgage — Mortgages In General — Possession of property by mortgagee Date: 14 Sep 2016 TEXT PDF Current through the 2016 Legislative Session A mortgage does not entitle the mortgagee to the possession of the property, unless authorized by the express terms of the mortgage; but after the execution of the mortgage the mortgagor may agree to such change of possession without a new consideration. Ca. Civ. Code § 2927