Keyword Analysis & Research: abandoned houses in california for sale

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Frequently Asked Questions

What are the abandoned property laws in California?

Abandoned Property Disposal. California law allows landlords to keep abandoned property worth less than $300. Property worth more than that must be sold at public auction with proceeds going to the county. However, the landlord may deduct the costs of storage and expenses relating to the sale.

What happens to abandoned property?

A classic example of a situation in which abandoned property can be found happens when people move out of their homes. Commonly, personal property left behind is treated as abandoned property, and the landlord has the right to dispose of it.

What is an abandoned real estate?

An abandoned property is usually a property whose original owner is no longer in possession of the home, and due to financial difficulties the house is run down and in need of repair. However, some abandoned properties turn out to be in good condition, with an owner who wants to unload it before foreclosure.

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