ARTICLE 8. Application of Sale Proceeds of Encumbered Property; Sale to Lienholder

Article 8 enacted by Stats. 1990, Ch. 79.

§§ 10360–10363 · 6 sections

• § 10360 As used in this article: (a) “Amount secured by the lien” includes interest and any costs and charges secured by the lien. (b) “Encumbered property” means real…
• § 10361 (a) If encumbered property is sold, the purchase money shall be applied in the following order: (1) Expenses of administration which are reasonably related to…
• § 10361.5 The personal representative or any interested party may, at any time before payment is made to satisfy all liens on the encumbered property sold, petition for…
• § 10361.6 (a) At least 30 days prior to the day of the hearing, the petitioner shall cause notice of the hearing and a copy of the petition to be served in the manner…
• § 10362 (a) If encumbered property is sold, the purchase money, or so much of the purchase money as is sufficient to pay the amount secured by the lien on the property…
• § 10363 (a) At a sale of real or personal property subject to a lien, the lienholder may become the purchaser of the property, even though no claim for the amount…