California Probate Code ARTICLE 8 - Application of Sale Proceeds of Encumbered Property; Sale to Lienholder

• Section 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 or personal...
• Section 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 the administration of...
• Section 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...
• Section 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...
• Section 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...
• Section 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...

Last modified: October 22, 2018