This chapter does not apply to the sale of real property acquired by a federal agency through a foreclosure proceeding.

(Added by Stats. 2017, Ch. 535, Sec. 4. (SB 50) Effective January 1, 2018.)

Terms Used In California Public Resources Code 8561

  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.