California Probate Code

§ 10351

PROB § 10351 Effective Jan 1, 1993Div. 7 · Part 5 · Ch. 18 · Art. 7

Statute text

(a)The court may vacate the order of confirmation of a sale of real or personal property and make an order confirming the sale to the new high bidder if both of the following requirements are satisfied:

(1)A petition is filed within 60 days after confirmation of the sale showing that (A) the purchaser at the sale has failed to complete the purchase and (B) a bid has been made for the property in the same or a higher amount, on the same or better terms, and in the manner prescribed in the original notice of sale.

(2)The sale has not been vacated pursuant to Section 10350.

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Legislative history

Amended by Stats. 1992, Ch. 871, Sec. 13. Effective January 1, 1993.