State Government
Publications Guides, Manuals, and Reference Materials County Tax Collectors' Reference Manual (2012) Chapter 5000 Redemptions 5900 Sale of Tax Certificates: General Information5900 Sale of Tax Certificates: General Information
5900. LEGISLATIVE INTENT AND GENERAL PROVISIONS
These statutes amended existing statutes and added new statutes to the Revenue and Taxation Code.
These statutes permit any county to sell tax certificates, upon the recommendation of the tax collector and by resolution of the board of supervisors, adopted during the first fiscal year to which it applies.
A tax certificate represents the intangible property right to receive all delinquent amounts of secured roll property or of supplemental roll property upon sale by the tax collector.
A tax certificate can be issued only for a separately assessed parcel and for the taxes and assessments that are delinquent or defaulted at the time of the certificate's sale, not for any subsequent year's taxes and assessments.