Added by Stats. 1976, Ch. 73.
Notwithstanding any other provision of this title, the court shall order sale by such methods and upon such terms as are expressly agreed to in writing by all the parties to the action.
Article 2 - Sales Procedures
California Code of Civil Procedure — §§ 873.600-873.690
Sections (10)
Added by Stats. 1976, Ch. 73.
(a)The court may, at the time of trial or thereafter, prescribe such manner, terms, and conditions of sale not inconsistent with the provisions of this chapter as it deems proper for the particular property or sale.
(b)The court may refer the manner, terms, and conditions of sale to the referee for recommendation but shall not approve the referee’s report except following a hearing upon noticed motion.
Added by Stats. 1976, Ch. 73.
(a)Unless the interests and rights of the parties will be materially prejudiced thereby, the court shall order that distinct lots or parcels of real property be sold separately.
(b)The court may order that the real and personal property or any portion thereof be sold as a unit.
Added by Stats. 1976, Ch. 73.
The court may:
(a)Direct a sale on credit for the property or any part thereof.
(b)Prescribe such terms of credit as may be appropriate.
(c)Approve or prescribe the terms of security to be taken upon the sale, including the manner in which title to the security is to be taken, whether in a single instrument or several instruments, according to the interests of the parties.
Added by Stats. 1976, Ch. 73.
(a)Notice of the sale of real or personal property shall be given in the manner required for notice of sale of like property upon execution. Such notice shall also be given to every party who has appeared in the action and to such other interested persons as may have in writing requested the referee for special notice.
(b)Where real and personal property are to be sold as a unit, notice of the sale may be in the manner required for notice of sale of real property alone.
(c)The court may order such additional notice as
it deems proper.
(d)Where the court orders a new sale of property pursuant to Section 873.730 or Section 873.740, notice of sale shall be as provided in this section.
Added by Stats. 1976, Ch. 73.
(a)The court shall prescribe the contents of the notice of sale, which shall include a description of the property, the time and place of sale, and a statement of the principal terms of sale. In place of the principal terms of sale, the notice may refer to an order of the court or to a written statement containing such information which may be inspected at the place of business of the referee or the referee’s attorney.
(b)A notice of private sale shall state a place where bids or offers will be received and a day on or after which the sale will be made.
Added by Stats. 1976, Ch. 73.
(a)The court may order securities listed on an established stock or bond exchange, and personal property that is perishable, that will depreciate in value if not promptly disposed of, or that will incur loss or expense by being kept, to be sold upon such notice and conditions as may be appropriate.
(b)Unless otherwise ordered by the court, title to property sold pursuant to this section passes without court confirmation. The referee is responsible for the actual value of the property until, after return and proper showing, the court approves the sale.
Added by Stats. 1976, Ch. 73.
(a)A sale at public auction to the highest bidder shall be held in the county in which the action is pending or such other place as may be specified by the court.
(b)Unless otherwise ordered by the court, personal property shall be present at the sale.
(c)The sale may be postponed by the referee by public declaration as provided for sales upon execution.
Added by Stats. 1976, Ch. 73.
(a)A sale at private sale shall not be made before the day specified in the notice of sale but shall be made within one year thereafter.
(b)The bids or offers shall be in writing and left at the place designated in the notice at any time after the first publication or, if none, the posting of the notice.
Amended by Stats. 1979, Ch. 730.
(a)The following persons shall not purchase property sold in the action directly or indirectly:
(1)The referee.
(2)The attorney of a party.
(3)The guardian or conservator of a party, unless for the benefit of the ward or conservatee.
(b)All sales contrary to this section are void except that a sale to a bona fide purchaser following a sale contrary to this section shall not be
disturbed.