California Revenue and Taxation Code 4216 – As used in this article:(a) “Redemption amount” means the total …
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As used in this article:
(a) “Redemption amount” means the total amount which would be necessary to redeem tax-defaulted property at the time an election is made to pay delinquent taxes in installments under this article.
Terms Used In California Revenue and Taxation Code 4216
- Redemption amount: means the total amount which would be necessary to redeem tax-defaulted property at the time an election is made to pay delinquent taxes in installments under this article. See California Revenue and Taxation Code 4216
- taxes: includes all taxes and assessments and annual installments of assessments charged on the roll, except for the following:
California Revenue and Taxation Code 4186
(b) “Balance of the redemption amount” is the amount equal to the difference between the redemption amount and the total of the portions previously paid which portions were paid as a part of the redemption amount.
(Amended by Stats. 1985, Ch. 316, Sec. 53.)