Cal. Rev. & Tax. Code § 3452
Current through the 2023 Legislative Session.
The acceptance of negotiable paper constitutes payment for tax-defaulted property and tax-defaulted property sold at public auction as of the date of acceptance when, but not before, the negotiable paper is duly paid.
When negotiable paper is so accepted, the deed to the property so purchased shall not be delivered until that negotiable paper is duly paid.
Ca. Rev. and Tax. Code § 3452