Section 3797 Of Article 2. Purchase From The State From California Revenue And Taxation Code >> Division 1. >> Part 6. >> Chapter 8. >> Article 2.
3797
. The notice of agreement shall state:
(a) A description of the property substantially as described in
the agreement.
(b) The name of the last assessee of the property. To ascertain
the name of the last assessee of the tax-defaulted property an
examination shall be made of the assessment of this property on the
last equalized roll, or if this property does not appear thereon, the
last previous roll on which it was assessed.
(c) That an agreement for the sale of the property or for an
option to purchase it, or both, as the case may be, has been made by
the board of supervisors of the county with the taxing agency or
nonprofit organization named in the agreement and has been approved
by the Controller.
(d) That a copy of the agreement is on file in the office of the
board of supervisors.
(e) If the right to redeem the property has not already been
terminated, there shall also be a statement that unless the property
is redeemed before the agreement becomes effective, the right of
redemption will cease.
(f) The date and time that the agreement will become effective.
(g) That parties of interest, as defined in Section 4675, have the
right to file a claim with the county for any proceeds received by
the tax collector under the agreement which are in excess of the
liens and costs required to be paid from the proceeds.
(h) If excess proceeds result from the agreement, notice will be
given to parties of interest pursuant to law.