Section 506.5 Of Article 4. Boaters Lien Law From California Harbors And Navigation Code >> Division 3. >> Chapter 2. >> Article 4.
506.5
. Within 10 days after the sale of any vessel pursuant to the
provisions of Section 503 or 504, the legal or registered owner may
redeem the vessel upon the payment of the amount of the lien, all
costs and expenses of the lien, together with interest on that sum at
the legal rate from the due date thereof until the repayment. If the
vessel is not redeemed, all lien sale documents required by the
department to effect transfer of title shall then be completed and
delivered to the buyer.