SECTIONS 4131-4132 - California Statutes

State Codes and Statutes

Statutes > California > Rtc > 4131-4132

REVENUE AND TAXATION CODE
SECTION 4131-4132




4131.  It is hereby declared to be the policy of the state and the
intent of this chapter to provide for:
   (a) The satisfaction and removal of any lien secured to any parcel
of tax-defaulted property, and if the right of redemption has not
been terminated, to any parcel of tax-defaulted property subject to a
power of sale pursuant to Section 3691.
   (b) The redemption of any parcel of tax-defaulted property and, if
the right of redemption has not been terminated, any parcel of
tax-defaulted property subject to a power of sale pursuant to Section
3691, separately from the whole parcel which originally became tax
defaulted, if the parcel sought to be redeemed (1) is described in
any duly executed and recorded deed, purchase contract, deed of
trust, mortgage, or final decree of court; (2) had a separate
valuation on the roll of the year for which it became tax defaulted;
or (3) has a separate valuation on the current roll.



4132.  For the purposes of this chapter:
   (a) Improvements are not a parcel separate from the land on which
they are situated.
   (b) An undivided interest is a parcel separate from the whole
assessment.
   (c) A lien is the amount created by the assessment of personal
property, or leasehold improvements, or possessory interests; or the
amount levied against property by a taxing agency or revenue district
when such amount is not determined by the application of a tax rate
on a valuation of property. A lien includes any special assessment
bond, or installment thereof, together with interest and charges
authorized and accruing thereto. A lien also includes any charge of
any nature whatsoever authorized by law to be levied against property
by any taxing agency or revenue district.

State Codes and Statutes

Statutes > California > Rtc > 4131-4132

REVENUE AND TAXATION CODE
SECTION 4131-4132




4131.  It is hereby declared to be the policy of the state and the
intent of this chapter to provide for:
   (a) The satisfaction and removal of any lien secured to any parcel
of tax-defaulted property, and if the right of redemption has not
been terminated, to any parcel of tax-defaulted property subject to a
power of sale pursuant to Section 3691.
   (b) The redemption of any parcel of tax-defaulted property and, if
the right of redemption has not been terminated, any parcel of
tax-defaulted property subject to a power of sale pursuant to Section
3691, separately from the whole parcel which originally became tax
defaulted, if the parcel sought to be redeemed (1) is described in
any duly executed and recorded deed, purchase contract, deed of
trust, mortgage, or final decree of court; (2) had a separate
valuation on the roll of the year for which it became tax defaulted;
or (3) has a separate valuation on the current roll.



4132.  For the purposes of this chapter:
   (a) Improvements are not a parcel separate from the land on which
they are situated.
   (b) An undivided interest is a parcel separate from the whole
assessment.
   (c) A lien is the amount created by the assessment of personal
property, or leasehold improvements, or possessory interests; or the
amount levied against property by a taxing agency or revenue district
when such amount is not determined by the application of a tax rate
on a valuation of property. A lien includes any special assessment
bond, or installment thereof, together with interest and charges
authorized and accruing thereto. A lien also includes any charge of
any nature whatsoever authorized by law to be levied against property
by any taxing agency or revenue district.

State Codes and Statutes

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State Codes and Statutes

Statutes > California > Rtc > 4131-4132

REVENUE AND TAXATION CODE
SECTION 4131-4132




4131.  It is hereby declared to be the policy of the state and the
intent of this chapter to provide for:
   (a) The satisfaction and removal of any lien secured to any parcel
of tax-defaulted property, and if the right of redemption has not
been terminated, to any parcel of tax-defaulted property subject to a
power of sale pursuant to Section 3691.
   (b) The redemption of any parcel of tax-defaulted property and, if
the right of redemption has not been terminated, any parcel of
tax-defaulted property subject to a power of sale pursuant to Section
3691, separately from the whole parcel which originally became tax
defaulted, if the parcel sought to be redeemed (1) is described in
any duly executed and recorded deed, purchase contract, deed of
trust, mortgage, or final decree of court; (2) had a separate
valuation on the roll of the year for which it became tax defaulted;
or (3) has a separate valuation on the current roll.



4132.  For the purposes of this chapter:
   (a) Improvements are not a parcel separate from the land on which
they are situated.
   (b) An undivided interest is a parcel separate from the whole
assessment.
   (c) A lien is the amount created by the assessment of personal
property, or leasehold improvements, or possessory interests; or the
amount levied against property by a taxing agency or revenue district
when such amount is not determined by the application of a tax rate
on a valuation of property. A lien includes any special assessment
bond, or installment thereof, together with interest and charges
authorized and accruing thereto. A lien also includes any charge of
any nature whatsoever authorized by law to be levied against property
by any taxing agency or revenue district.