Section 4131 Of Article 1. General Provisions And Definitions From California Revenue And Taxation Code >> Division 1. >> Part 7. >> Chapter 2. >> Article 1.
4131
. It is hereby declared to be the policy of the state and the
intent of this chapter to provide for:
(a) The satisfaction and removal of any lien secured to any parcel
of tax-defaulted property, and if the right of redemption has not
been terminated, to any parcel of tax-defaulted property subject to a
power of sale pursuant to Section 3691.
(b) The redemption of any parcel of tax-defaulted property and, if
the right of redemption has not been terminated, any parcel of
tax-defaulted property subject to a power of sale pursuant to Section
3691, separately from the whole parcel which originally became tax
defaulted, if the parcel sought to be redeemed (1) is described in
any duly executed and recorded deed, purchase contract, deed of
trust, mortgage, or final decree of court; (2) had a separate
valuation on the roll of the year for which it became tax defaulted;
or (3) has a separate valuation on the current roll.