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You are here: Home / Real Estate Laws / 2015 Real Estate Law: Debtor retains right to redeem property after sale beyond 90 day period

2015 Real Estate Law: Debtor retains right to redeem property after sale beyond 90 day period

February 10, 2015

This is part of our series about new 2015 California Real Estate laws. Click here to see the series. 

New CA Real Estate laws: Debtor retains right to redeem property after sale beyond 90 day period

In 1982 the legislature wrote into code the Enforcement of Judgments Law which says that a sale of real property pursuant to execution sale regarding enforcement of judgments is absolute and may not be set aside. As a safeguard, that same law states that if the sale was improper because of irregularities in the proceedings, because the property sold was not subject to execution among other reasons, the judgment debtor may commence an action within 90 days after the date of sale to set aside the sale if the purchaser at the sale is the judgment creditor.

Importantly, the Enforcement of Judgments Law was not originally intended to affect the equitable right of redemption. This is the right that a judgment debtor has to redeem property from a sale where there may be a grossly inadequate price, or where the purchaser is guilty of unfairness or has taken undue advantage, or in other circumstances which could merit an equitable right to redeem beyond the 90 day period.  This law declares that these provisions of existing law do not affect, limit, or eliminate a judgment debtor’s equitable right of redemption. 

See Code of Civil Procedure §701.680.

Filed Under: Real Estate Laws Tagged With: Real Estate Tips, Southern California Real Estate

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Danny Murphy & Associates

With more than 15 years of Southern California Real Estate experience, Danny is an expert in his field.

Looking to sell your home? Call Danny today to see how our industry leading marketing and exceptional negotiating skills can help you get more for your more.
(949) 413-6967
Danny@TheSoCalLife.com

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The yard at our listing on Oriole Place in Anaheim The yard at our listing on Oriole Place in Anaheim is massive! Over 10,000 square feet that include a large hardscape of pavers, recently plastered pool, and a grassy area off the master bedroom with a pergola and fire pit! This one won't last long, give us a call to schedule your tour today!

danny@thesocallife.com // 949-413-6967

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Check out this 3rd story sauna/work out room!! 🏃🏻‍♂️ 
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We have a buy NOW, sell LATER program. We can even We have a buy NOW, sell LATER program.
We can even front you the money to improve the house before you sell it. Watch this video to learn more about this great program that helps our sellers net MORE 💰💰💰

danny@thesocallife.com // 949-413-6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate #huntingtonbeach #hb #orangecounty #oc #ochomes #southerncalifornia #socal #socalhomes #surfcity #surfcityusa #beachlife #beachliving
IN ESCROW before it hit the market 🙌 3101 Linc IN ESCROW before it hit the market 🙌

3101 Lincoln Way in Costa Mesa is a beautifully updated interior tract home with 4 bed / 2 baths on a LARGE corner lot located on the President streets of North side Costa Mesa! 

If you're thinking about buying or selling, we'd love to be the team to represent you!
949-413-6967

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Come check out this RAD house with a HUGE interior Come check out this RAD house with a HUGE interior tract lot today from 1-4:00PM! 😳😳😳
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1217 S Oriole Place, Anaheim 
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Don't miss our open house TODAY and TOMORROW 8/6 & Don't miss our open house TODAY and TOMORROW 8/6 & 8/7 FROM 1:00-4:00 at 19721 Topeka Lane in Huntington Beach!

danny@thesocallife.com // 949-413-6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate #huntingtonbeach #hb #orangecounty #oc #ochomes #southerncalifornia #socal #socalhomes
Come out TODAY 8/6 from 1:00-4:00PM for our open h Come out TODAY 8/6 from 1:00-4:00PM for our open house at 1217 S Oriole Place in Anaheim!

danny@thesocallife.com // 949-413-6967

#togetherwearefirstteam #togetherwemakeadifference #firstteamsurfcity #forsale #ocforsale #caforsale #realtor #realestate #anaheim #orangecounty #oc #ochomes #southerncalifornia #socal #socalhomes
Check out this #DREAM bathroom!😍 . . . . . #ree Check out this #DREAM bathroom!😍
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Homes for Sale in Orange County:

Aliso Viejo
Anaheim
Costa Mesa
Fountain Valley
Huntington Beach
Irvine
Laguna Niguel
Lake Forest
Mission Viejo
Newport Beach
Orange
Orange County
Tustin
Villa Park
This information is based on information from the Association of Realtors/Multiple Listing as of the date the AOR/MLS data
was obtained and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.


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