§ 704.850 (a) The levying officer shall distribute the proceeds of sale of a homestead in the following order: (1) To the discharge of all liens and encumbrance…
Part 2: Of Civil Actions | Title 9: Enforcement of Judgments | Division 2: Enforcement of Money Judgments | Chapter 4: Exemptions | Article 4: Homestead Exemption
Rule Text
(a) The levying officer shall distribute the proceeds of sale of a homestead in the following order:
(1) To the discharge of all liens and encumbrances, if any, on the property.
(2) To the judgment debtor in the amount of any applicable exemption of proceeds pursuant to Section 704.720.
(3) To the levying officer for the reimbursement of the levying officer’s costs for which an advance has not been made.
(4) To the judgment creditor to satisfy the following:
(5) To the judgment debtor in the amount remaining.
(b) Sections 701.820 and 701.830 apply to distribution of proceeds under this section.
Amendment history: Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.