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§ 729.030 The redemption period during which property may be redeemed from a foreclosure sale under this chapter ends: (a) Three months after the date of sale i…

Part 2: Of Civil Actions | Title 10: ACTIONS IN PARTICULAR CASES [725a - 871.30] | Chapter 1: Actions for the Foreclosure of Mortgages [725a - 730.5]

The redemption period during which property may be redeemed from a foreclosure sale under this chapter ends:

(a)  Three months after the date of sale if the proceeds of the sale are sufficient to satisfy the secured indebtedness with interest and costs of action and of sale.

(b)  One year after the date of sale if the proceeds of the sale are not sufficient to satisfy the secured indebtedness with interest and costs of action and of sale.

Amendment history: Added by Stats. 1982, Ch. 497, Sec. 50. Operative July 1, 1983, by Sec. 185 of Ch. 497.