California Civil Code

§ 2924g

CIV § 2924g Effective Jan 1, 2025Div. 3 · Title 14 · Part 4 · Ch. 2 · Art. 1

Statute text

(a)(1) All sales of property under the power of sale contained in any deed of trust or mortgage shall be held in the county where the property or some part thereof is situated, and shall be made at auction, to the highest bidder, between the hours of 9 a.m. and 5 p.m. on any business day, Monday through Friday.

(2)(A) The sale shall commence at the time and location specified in the notice of sale. Any postponement shall be announced at the time and location specified in the notice of sale for commencement of the sale or pursuant to paragraph (1) of subdivision (c).

(B)A sale that is postponed pursuant to subparagraph (E) of paragraph (1) of subdivision (c) shall be postponed seven calendar days at the same time and location.

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Legislative history

Amended (as amended by Stats. 2022, Ch. 642, Sec. 5) by Stats. 2024, Ch. 601, Sec. 6. (SB 1146) Effective January 1, 2025. Repealed as of January 1, 2031, by its own provisions. See later operative version, as amended by Sec. 7 of Stats. 2024, Ch. 601.