ARTICLE 6. Sale and Collection
Article 6 added by Stats. 1982, Ch. 1364, Sec. 2.
§§ 701.510–701.680 · 21 sections
- § 701.510 Subject to Sections 687.020 and 701.520, the levying officer shall sell all property that has been levied upon except: (a) Tangible personal property may not…
- § 701.520 (a) Except as provided in this section, any of the following property that has been levied upon shall be collected rather than sold: (1) Accounts receivable.…
- § 701.530 (a) Notice of sale of personal property shall be in writing, shall state the date, time, and place of sale, and shall describe the property to be sold. (b) Not…
- § 701.540 (a) Notice of sale of an interest in real property shall be in writing, shall state the date, time, and place of sale, shall describe the interest to be sold,…
- § 701.545 Notice of sale of an interest in real property, other than a leasehold estate with an unexpired term of less than two years at the time of levy, may not be…
- § 701.547 A notice of sale shall contain the substance of the following statement: “Prospective bidders should refer to Sections 701.510 to 701.680, inclusive, of the…
- § 701.550 (a) In addition to the notice of sale required by this article, the levying officer shall, at the time notice of sale is posted pursuant to Section 701.530 or…
- § 701.555 In addition to the notice of sale required by this article, the judgment creditor may advertise the sale in the classified or other advertising section of a…
- § 701.560 (a) Failure to give notice of sale as required by this article does not invalidate the sale. (b) A levying officer who sells property without giving the…
- § 701.570 (a) A sale of property shall be held at the date, time, and place specified in the notice of sale, which shall be in the county where the property or a part…
- § 701.580 The judgment debtor and judgment creditor together may request in writing that a sale be postponed to an agreed day and hour. The request shall be delivered to…
- § 701.590 (a) Except as otherwise provided in this section, the purchaser at a sale shall pay in cash or by certified check or cashier’s check. (b) The judgment creditor…
- § 701.600 If the highest bidder does not pay the amount bid as prescribed by Section 701.590: (a) The levying officer shall sell the property: (1) If the default occurs…
- § 701.610 The levying officer may not be a purchaser or have an interest in any purchase at a sale.
- § 701.620 (a) Property may not be sold unless the amount bid exceeds the total of the following amounts: (1) The amount of all preferred labor claims that are required…
- § 701.630 If property is sold pursuant to this article, the lien under which it is sold, any liens subordinate thereto, and any state tax lien (as defined in Section…
- § 701.640 The purchaser of property at an execution sale acquires any interest of the judgment debtor in the property sold (1) that is held on the effective date of the…
- § 701.650 (a) When the purchaser of personal property pays the amount due: (1) If the property is capable of manual delivery, the levying officer shall deliver the…
- § 701.660 When the purchaser of an interest in real property pays the amount due to the levying officer, including any amount required to be paid as a documentary…
- § 701.670 The certificate of sale or deed of sale shall contain all of the following: (a) The title of the court where the judgment was entered under which the sale was…
- § 701.680 (a) Except as provided in paragraph (1) of subdivision (c), a sale of property pursuant to this article is absolute and shall not be set aside for any reason.…