California § 873.820. 873.820. (Added by Stats. 1976, Ch. 73.)

California Statutes

§ 873.820. — 873.820. (Added by Stats. 1976, Ch. 73.)

California·Code CCP Code of Civil Procedure - CCP·Title 10.5.·Part 2. TITLE 10.5. PARTITION OF REAL AND PERSONAL PROPERTY·Ch. 6. CHAPTER 6. Sale of the Property·Art. 4. ARTICLE 4. Disposition of Proceeds of Sale

The proceeds of sale for any property sold shall be applied in the following order:

(a)Payment of the expenses of sale.

(b)Payment of the other costs of partition in whole or in part or to secure any cost of partition later allowed.

(c)Payment of any liens on the property in their order of priority except liens which under the terms of sale are to remain on the property.

(d)Distribution of the residue among the parties in proportion to their shares as determined by the court.

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The proceeds of sale for any property sold shall be applied in the following order:
(a)
Payment of the expenses of sale.
(b)
Payment of the other costs of partition in whole or in part or to secure any cost of partition later allowed.
(c)
Payment of any liens on the property in their order of priority except liens which under the terms of sale are to remain on the property.
(d)
Distribution of the residue among the
parties in proportion to their shares as determined by the court.

California § 873.820. (873.820. (Added by Stats. 1976, Ch. 73.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.