California § 5435 - If, after foreclosure, the property is sold, enough of the proceeds shall be paid

Full text of California Public Contract Code - PCC § 5435 — If, after foreclosure, the property is sold, enough of the proceeds shall be paid, with citation guidance and answers to common questions.

§ 5435. If, after foreclosure, the property is sold, enough of the proceeds shall be paid

(a) If, after foreclosure, the property is sold, enough of the proceeds shall be paid into the treasury of the county which forecloses the lien as shall satisfy the lien, penalty, and costs. (b) If there is any surplus, it shall be paid to the owner of the property, if he is known. If the owner of the property is not known, the surplus shall be paid into the court for his use at such time as he is ascertained.

Source: official California text · Last verified 2026-08-27

Related California Legal Topics

Frequently Asked Questions About California § 5435

What does Public Contract Code - PCC § 5435 cover?

Section 5435 ("If, after foreclosure, the property is sold, enough of the proceeds shall be paid") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 5435?

A common citation format is "Public Contract Code - PCC § 5435" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 5435 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.