Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 4672.1 — Distribution of Proceeds From Sale of Tax-Deeded Property
Cal. Rev. & Tax. Code § 4672.1
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2005-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) There shall be distributed to the county general fund to reimburse the county for the cost of conducting the sale, one hundred fifty dollars ($150) for all or any portion of each separately valued parcel of real property subject to a power of sale pursuant to Section 3691 and sold to private…
Citator
Cal. Rev. & Tax. Code § 4672.1 — Distribution of Proceeds From Sale of Tax-Deeded Property is in force in the current edition of the Code, and nothing recorded condemns it.
(a) There shall be distributed to the county general fund to reimburse the county for the cost of conducting the sale, one hundred fifty dollars ($150) for all or any portion of each separately valued parcel of real property subject to a power of sale pursuant to Section 3691 and sold to private parties or to a taxing agency.
(b) The one hundred fifty dollars ($150) required to be distributed pursuant to subdivision (a), shall be paid from the total proceeds of the sale only after satisfaction of the amount specified in Section 4672. If the amount of proceeds from the sale is insufficient, the one hundred fifty dollars ($150) shall be reduced accordingly.