California Revenue and Taxation Code 7893 – At the sale the Controller or his or her authorized agent shall sell …
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At the sale the Controller or his or her authorized agent shall sell the property in accordance with law and the notice and shall deliver to the purchaser a bill of sale for the personal property and a deed for any real property sold. The bill of sale or deed vests title in the purchaser. The unsold portion of any property seized may be left at the place of sale at the risk of the supplier.
(Amended by Stats. 2000, Ch. 1053, Sec. 20. Effective January 1, 2001. Operative January 1, 2002, by Sec. 53 of Ch. 1053.)
Terms Used In California Revenue and Taxation Code 7893
- Controller: means the State Controller. See California Revenue and Taxation Code 21
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.