California Law (Last Updated: March 4, 2014) |
Streets and Highways Code - SHC |
Division 7. THE IMPROVEMENT ACT OF 1911 |
Part 5. IMPROVEMENT BONDS |
Chapter 8. Conveyance of Unredeemed Property |
Section 6554.
Latest version.
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If the property is not redeemed within the time allowed the treasurer shall upon application of the purchaser or his assignee make a deed to the property, reciting in the deed substantially the matter contained in the certificate of sale, and that no person has redeemed the property during the time allowed for its redemption. The treasurer shall be entitled to receive seven dollars ($7) from the purchaser for making the deed. All money so received by the treasurer shall be deposited in the treasury for the use of the city after payment has been made therefrom for the acknowledgement of the deed.
(Amended by Stats. 1971, Ch. 797.)