Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

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 4223

4223. Payments not redemption. Payments under this article are not a redemption or partial redemption.

History.—Added by Stats. 1939, Ch. 1076, effective January 1, 1940. Stats. 1985, Ch. 316, effective January 1, 1986, deleted "and do not affect the state's interest in the real estate" after "partial redemption" in the first sentence, and deleted the former second sentence, which provided that "the payments are compensation for the use of the real estate".