There is a newer version of the California Code
2012 California Codes
PROB - Probate Code
DIVISION 7 - ADMINISTRATION OF ESTATES OF DECEDENTS [7000 - 12591]
PART 5 - ESTATE MANAGEMENT
CHAPTER 18 - Sales
ARTICLE 8 - Application of Sale Proceeds of Encumbered Property; Sale to Lienholder
Section 10360
CA Prob Code § 10360 (through 2013 Leg Sess) What's This?
As used in this article:
(a) “Amount secured by the lien” includes interest and any costs and charges secured by the lien.
(b) “Encumbered property” means real or personal property that is subject to a lien for a secured debt which is a valid claim against the estate and which has been allowed or approved.
(c) “Lien” means a mortgage, deed of trust, or other lien.
(Enacted by Stats. 1990, Ch. 79.)
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