California Streets and Highways Code 6554 – If the property is not redeemed within the time allowed the treasurer …
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If the property is not redeemed within the time allowed the treasurer shall upon application of the purchaser or his assignee make a deed to the property, reciting in the deed substantially the matter contained in the certificate of sale, and that no person has redeemed the property during the time allowed for its redemption. The treasurer shall be entitled to receive seven dollars ($7) from the purchaser for making the deed. All money so received by the treasurer shall be deposited in the treasury for the use of the city after payment has been made therefrom for the acknowledgement of the deed.
(Amended by Stats. 1971, Ch. 797.)
Terms Used In California Streets and Highways Code 6554
- City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Person: means any person, firm, partnership, association, corporation, organization, limited liability company, or business trust. See California Streets and Highways Code 19