Article 5. Sale Of State-acquired Property of California Revenue And Taxation Code >> Division 2. >> Part 2. >> Chapter 6. >> Article 5.

Whenever the state acquires any real or personal property seized and sold for delinquent taxes of the supplier, the Controller may, with the consent of the Department of General Services, sell the property or any part thereof at private sale or at public auction.

He may advertise the sale by one publication, at least 10 days before the date set for the sale, in a newspaper of general circulation in the county in which the property to be sold is situated. If there is no newspaper of general circulation in the county, publication may be made by posting notice in three public places in the county 10 days prior to the date of sale.

The Controller or his authorized representative shall conduct the sale, and he may reject any or all bids at the sale.

The Controller shall distribute the proceeds of the sale in the following order:
  (a) The payment of all expenses of the sale.
  (b) The payment of all amounts due from the supplier under this part.
  (c) The remainder to the General Fund of the state.

At the sale the Controller shall deliver to the purchaser a bill of sale for any personal property and a deed for any real property sold. The bill of sale or deed vests title in the purchaser free from any existing lien for amounts due under this part.