California Revenue and Taxation Code 4218 – (a) During the time payments are made under this …
Current as of: 2024 | Check for updates
|
Other versions
(a) During the time payments are made under this article:
(1) The property subject to the installment plan shall not become subject to a power of sale pursuant to Section 3691.
Terms Used In California Revenue and Taxation Code 4218
- 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
(2) The right of redemption shall not be terminated.
(b) Subdivision (a) does not prohibit or delay foreclosure pursuant to § 8830 of the Streets and Highways Code.
(c) Subdivision (a) does not prohibit or delay foreclosure pursuant to § 53356.1 of the Government Code.
(Amended by Stats. 1997, Ch. 946, Sec. 12. Effective January 1, 1998.)