California Government Code 25522 – The sale may be made for cash, or for part cash and upon such terms …
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The sale may be made for cash, or for part cash and upon such terms of deferred payments secured by purchase money, mortgage, or deed of trust as are determined by the action of the board of supervisors.
(Added by Stats. 1955, Ch. 1800.)
Terms Used In California Government Code 25522
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.