California Government Code

§ 53356.1.5

GOV § 53356.1.5 Effective Jan 1, 2008Div. 2 · Title 5 · Part 1 · Ch. 2.5 · Art. 5

Statute text

(a)This section applies if delinquent special taxes, together with any penalties, interest, and costs, are collected through the sale of the property by the tax collector pursuant to Chapter 7 (commencing with Section 3691) of Part 6 of Division 1 of the Revenue and Taxation Code.

(b)If the property is sold for at least the total amount necessary to redeem plus costs, as defined in Section 3698.5 of the Revenue and Taxation Code, the sale of the property shall extinguish the delinquent special taxes, interest, penalties, and costs included in the sale price.

(c)If the property is sold for less than the total amount necessary to redeem plus costs, as defined in Section 3698.5 of the Revenue and Taxation Code, all of the following apply:

…

Legislative history

Added by Stats. 2007, Ch. 670, Sec. 105. Effective January 1, 2008.