Source: http://www.boe.ca.gov/lawguides/property/current/ptlg/rt/part8-ch1-3-all.html
Timestamp: 2017-03-26 07:22:53
Document Index: 465769173

Matched Legal Cases: ['art 8', 'art 8', 'art 7', 'art 7', 'art 7', 'art 7']

PTLG - Revenue and Taxation Code - Property Taxation Part 8 - Chapter 1.3
Property Taxes Law Guide – Revision 2017 PTLG Table of Contents > Revenue and Taxation Code > Division 1. Property Taxation > Part 8. Distribution > Chapter 1.3 > entire chapter
4671 "Taxes"
4671.3 "Assessments"
4672 Distribution to State
4672.1 Distribution to county for cost of sale
4672.2 Distribution to county for cost of notice
4672.3 Cost of personal contact
4673 Cost of advertising sales
4673.1 Distribution of remaining proceeds
4674 Distribution of surplus [Repealed]
4674 Excess proceeds
4675 Claim for excess proceeds
4675.1 Delegation by Board of Supervisors
4676 Notice of right to claim excess proceeds
Chapter 1.3. Distribution of Proceeds From Sale of Tax-Deeded Property*
* Chapter 1.3 was added by Stats. 1974, Ch. 1102, p. 2351, in effect January 1, 1975.
4671. "Taxes." As used in this chapter, "taxes" includes all liens determined by the application of an ad valorem tax rate which were, at the time of declaration of default, included in the amount necessary to redeem the property under Chapter 1 (commencing with Section 4101) of Part 7.
History.—Added by Stats. 1974, Ch. 1102, effective January 1, 1975. Stats. 1985, Ch. 316, effective January 1, 1986, substituted "declaration of default" for "sale by the state" after "at the time of", deleted "from the sale to the state" after "property", and deleted "of this division" after "Part 7".
4671.3. "Assessments." As used in this chapter, "assessments" includes all liens other than taxes which were, at the time of declaration of default, included in the amount necessary to redeem the property under Chapter 1 (commencing with Section 4101) of Part 7, and included in the amount necessary to redeem the property from sale to any taxing agency entitled to share in the proceeds.
History.—Added by Stats. 1974, Ch. 1102, effective January 1, 1975. Stats. 1985, Ch. 316, effective January 1, 1986, substituted "declaration of default" for "sale by the state" after "time of", deleted "from the sale to the state" after "redeem the property", and deleted "of this division" after "Part 7".
4672.2. Distribution to county for cost of notice. There shall be distributed to the county general fund any fee collected to reimburse the county for its actual and reasonable costs incurred in giving notice pursuant to Sections 3701 and 3799 for all or any portion of each separately valued parcel of real property subject to a power of sale pursuant to Section 3691 and sold to private parties or to taxing agencies. The notice fee for property sold shall be paid from the total amount to be distributed after satisfaction of the amounts specified in Sections 4672 and 4672.1. If the amount is insufficient, the notice fee shall be reduced accordingly.
History.—Added by Stats. 1980, Ch. 411, in effect July 11, 1980, operative January 1, 1981. Stats. 1985, Ch. 316, effective January 1, 1986, substituted "subject to . . . Section 3691" for "deeded to the state" after "property" in the first sentence, and substituted "the" for "such" after "If" in the third sentence. Amended by Stats. 2011, Ch. 208 (AB 902), in effect January 1, 2012.
4673. Cost of advertising sales. Amounts to reimburse the county for the cost of advertising sales of tax-defaulted property shall be distributed to the county general fund as provided in Section 3719.
History.—Stats. 1976, Ch. 113, p. 176, in effect January 1, 1977, deleted "received" after "Amounts", and added "as provided in Section 3719" after "fund". Stats. 1985, Ch. 316, effective January 1, 1986, substituted "tax-defaulted" for "tax-deeded" after "sales of".
4673.1. Distribution of remaining proceeds. After satisfaction of the amount specified in Sections 4672, 4672.1, and 4673, the proceeds shall be distributed as follows:
(2) After distributing the proceeds according to paragraph (1), a pro rata share be distributed under this section shall be distributed to each tax fund in an amount bearing the same proportion to the balance remaining as the tax rate for each fund bears to the total tax rate applicable to the property for the fiscal year preceding that in which the property was sold.
(c) For purposes of this section, the "outstanding balance of any property tax postponement loan" is the sum of the following:
History.—Added by Stats. 1976, Ch. 113, p. 176, in effect January 1, 1977. Stats. 1985, Ch. 316, effective January 1, 1986, deleted "by the state" after "time of sale" and substituted "tax default" for "the sale to the state" after "property from" in subsection (a), deleted "by the state" after "sale" in (1) thereof, and deleted "by the state" after "sold" in (2) thereof, and deleted "to the state or" after "deeded", deleted "other" after "any" and added "and remains . . . taxing agency" after "agency" in the second sentence of subsection (b). Stats. 1990, Ch. 126, in effect June 11, 1990, added a comma after "4672.1" in the first paragraph and added the third sentence to subsection (b). Stats. 1990, Ch. 992, in effect January 1, 1991, added "for the fiscal year . . . is held" after "thereon" in the first sentence of subsection (b). Stats. 1991, Ch. 532, in effect January 1, 1992, deleted the former third sentence of subdivision (b) which provided that "In the case of sales completed between March 1 and July 1, 'current taxes and assessments' shall include amounts representing tax liens disencumbered by the tax sale.". Stats. 2014, Ch. 703 (AB 2231), in effect September 28, 2014, added ", the outstanding balance of any property tax postponement loan," after "tax default" in the first sentence of the first paragraph of subdivision (a), substituted "After distributing the proceeds according to paragraph (1), a pro rata share" for "The remaining balance of the proceeds to be distributed under this section" before "shall be" in the first sentence of paragraph (2), and added paragraph (3) thereto; and added subdivision (c).
(e) (1) Except as provided in paragraph (2), no sooner than one year following the recordation of the tax collector's deed to the purchaser, and if the excess proceeds have been claimed by any party of interest as provided herein, the excess proceeds shall be distributed on order of the board of supervisors to the parties of interest who have claimed the excess proceeds in the order of priority set forth in subdivisions (a) and (b). For the purposes of this article, parties of interest and their order of priority are:
History.—Added by Stats. 1976, Ch. 113, p. 177, in effect January 1, 1977. Stats. 1978, Ch. 1084, in effect January 1, 1979, added the second paragraph; added "only to those parties of interest who have claimed such excess proceeds" after "distributed", and added "who have claimed such excess proceeds" after "interest" in the first sentence of the fourth paragraph; and substituted "files" for "file" in the first sentence of the fifth paragraph. Stats. 1979, Ch. 615, in effect January 1, 1980, substituted "recordation" for "execution" in the first sentence of the first paragraph, added the fourth sentence of the second paragraph; and substituted "90" for "30" in the first sentence of the fifth paragraph. Stats. 1980, Ch. 411, in effect July 11, 1980, operative July 1, 1980, substituted "recordation" for "execution" in the first sentence of fourth paragraph; and substituted "superior court" for "board of supervisors" in the first sentence and deleted the second sentence in the fifth paragraph. Stats. 1981, Ch. 1141, in effect October 2, 1981, operative January 1, 1982, substituted the fifth paragraph for the former fifth paragraph. Stats. 1985, Ch. 316, effective January 1, 1986, deleted "at the time of sale by the state" after "property" in the first paragraph; deleted "by the state" after "sold" in the first sentence, and substituted "with" for "by" after "interest" and substituted "the" for "such" throughout the fourth sentence of the second paragraph; substituted "the" for "such" after "Herein," deleted "only to those parties of interest who have claimed such excess proceeds" after "distributed", and substituted "the" for "such" after "claimed" in the first sentence of the fourth paragraph; and substituted subsection (a) of the second sentence of the fourth paragraph for the former subsection (a), which provided that "First, lienholders of record prior to the property becoming tax deeded to the state or to any other taxing agency, in the order of their priority, as to liens that were extinguished by the issuance of the deed to the state; and", and substituted subsection (b) thereof for the former subsection (b), which provided that "Then, any person who would be established with title to all or any portion of the property sold by the state by redemption of such property immediately prior to the sale by the state." Stats. 1986, Ch. 1420, effective January 1, 1987, added ", in proportion to his or her interest held with others of equal priority in the property at the time of sale," after "excess proceeds" in the first paragraph. Stats. 2003, Ch. 199 (SB 1063), in effect January 1, 2004, designated the former first paragraph as subdivision (a); designated the first, second, and third sentences of the former second paragraph as subdivision (b); created subdivision (c) with the fourth sentence of the former second paragraph and deleted "In addition," before "Any person or" therein; designated the former third paragraph as subdivision (d); designated the former fourth paragraph as subdivision (e) and designated former subsection (a) thereof as paragraph (1) and substituted "their priority." for "their priority; and" after "the order of" in the first sentence therein and designated former subsection (b) as paragraph (2) thereof and substituted "Second" for "Then," before "any person with" in the first sentence therein; added subdivision (f); and designated the former fifth paragraph as subdivision (g). Amended by Stats. 2011, Ch. 352 (SB 948), in effect January 1, 2012. Stats. 2014, Ch. 501 (AB 2257), in effect January 1, 2015, designated the former first paragraph of subdivision (e) as paragraph (1) and added "Except as provided in paragraph (2)," before "No" in the first sentence therein, designated former paragraphs (1) and (2) thereto as subparagraphs (A) and (B), and added paragraph (2).
4676. Notice of right to claim excess proceeds. (a) When excess proceeds from the sale of tax-defaulted property exceed one hundred fifty dollars ($150), the county shall provide notice of the right to claim the excess proceeds, as provided in this section.