Home Publications Guides, Manuals, and Reference Materials County Tax Collectors' Reference Manual (2012) Chapter 7000 Notice of Power to Sell 7320-7328 Cancellation of the Notice: Processing Procedures

7320-7328 Cancellation of the Notice: Processing Procedures

7320. REQUIRED FORM
An invalid recorded Notice of Power to Sell Tax-Defaulted Property must be cancelled by recording a form prescribed by the State Controller (Rev. & Tax. Code §4992).

Form SCO 7-02 in the forms section of this manual may be used; or another form may be created, as long as it is essentially the same as form SCO 7-02.

7321. GENERAL CONTENTS OF FORM
Form SCO 7-02 is indexed to the manual sections that discuss the information to be entered in the blank spaces on the form.

7322. FISCAL YEAR
Use the fiscal year in which the property initially became delinquent. The fiscal year should be the year shown on the recorded notice of power to sell (form SCO 7-02 and M-7112).

7323. DEFAULT NUMBER
The default number must be shown on the cancellation exactly as it is shown on the recorded notice of power to sell (form SCO 7-02).

7324. ASSESSOR'S PARCEL NUMBER
The current assessor's parcel number (APN) should be shown on the cancellation (form SCO 7-02). If the APN on the recorded notice of power to sell differs from the current number, the former APN should be shown after the current number.

EXAMPLE: APN 025-010-07, formerly 025-010-03

7325. NAME OF THE COUNTY
The name of the county is typed in the blank space preceding the word "County" (e.g., "Yuba" or "San Francisco City and").

7326. RECORDING DATA
Recording data on the cancellation (form SCO 7-02) must be exactly as shown on the recorded Notice of Power to Sell Tax-Defaulted Property. Otherwise, it will be impossible to index the cancellation to the public record for the recorded notice being canceled. Any error in the recording data may require recording a correction of the Cancellation of the Notice of Power to Sell Tax-Defaulted Property. A correction of cancellation should be prepared in the same manner as a corrected notice (M-7200 et seq.).

7327. SIGNATURES
The cancellation form must be signed by the tax collector and then by the auditor (Rev. & Tax. Code §4992); form SCO 7-02, and M-7130.

7328. ACKNOWLEDGMENT
When the cancellation form has been completed, the tax collector's signature is acknowledged, without charge, by the county clerk, the notary public, or another county official, pursuant to Civil Code section 1181 (Rev. & Tax. Code §§168.5, 4992). See M-7130 et seq.