Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Revenue and Taxation Code

Property Taxation

Part 7. Redemption

Chapter 3. Redemption After Payment of Delinquent Taxes in Installments

Article 2. Permanent Installment Plan

Section 4216

4216. "Redemption amount." 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.

(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.

History.—Added by Stats. 1968, Ch. 1293, effective January 1, 1969. Stats. 1985, Ch. 316, effective January 1, 1986, added "tax-defaulted" after "to redeem", deleted "from sale for taxes" after "property", and added "an" after "at the time" in subsection (a).

Code commission's note.—Since payments under this article are only compensation for the use of the property and are not legally payments of taxes (see Section 4223), the amount necessary to redeem remains the same regardless of payments made until redemption is actually effected. This fact makes necessary the above definitions.

Redemption.—The only means provided under the statutes to accomplish redemption and avoid a power of sale is to pay the redemption penalties as provided by this section, Section 4102, and Section 4221. Ferreira v. El Dorado County, 222 Cal.App.3d 788.