California Family Code 4641 – If the deposited asset is real property and the requirements of …
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If the deposited asset is real property and the requirements of Section 4640 have been satisfied, the deposit holder shall do all of the following:
(a) Prepare a release in accordance with Section 697.370 of the Code of Civil Procedure.
Terms Used In California Family Code 4641
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- County: includes city and county. See California Family Code 67
- Deposit holder: as used in this chapter means the district attorney, county officer, or trustee designated by the court to receive assets deposited pursuant to this chapter to secure future support payments. See California Family Code 4601
- order: include a decree, as appropriate under the circumstances. See California Family Code 100
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) Request the clerk of the court where the order to deposit assets was made to certify the release.
(c) Record the certified release in the office of the county recorder where the certified abstract was recorded under Section 4617.
(Enacted by Stats. 1992, Ch. 162, Sec. 10. Operative January 1, 1994.)