Notwithstanding Section 3693, the tax collector may make the sale of any property sold under this chapter a cash or deferred-payment transaction. If the tax collector approves the sale as a deferred-payment transaction, the tax collector may require a deposit in the amount of five thousand dollars ($5,000) or 10 percent of the minimum bid price, whichever is greater. The balance of the purchase price shall be paid by any method of payment authorized by Section 2502, 2503.2, or 2504, as specified by the tax collector and within a period specified by the tax collector not to exceed 90 days from the date of the close of auction as a condition precedent to the transfer of title to the purchaser. If the purchaser was required to pay a deposit prior to the date of the sale, the deposit shall be applied toward the purchase price of the property. Failure on the part of the successful bidder to consummate the sale within the period specified by the tax collector shall result in the forfeiture of the deposit and all rights he or she may have with respect to that property. Any forfeiture of deposit shall be distributed to the county general fund and shall not apply to outstanding delinquent taxes. Upon forfeiture the right of redemption shall revive.
3691
3691.1
3691.2
3691.3
3691.4
3691.5
3691.6
3692
3692.1
3692.2
3692.3
3692.4
3693
3693.1
3694
3695
3695.3
3695.4
3695.5
3698
3698.5
3698.7
3698.8
3699
3700
3700.5
3701
3702
3703
3704
3704.5
3704.7
3705
3706
3706.1
3707
3708
3708.1
3708.5
3709
3710
3711
3712
3713
3716
3718
3719
3720
3721
3722
3723
3724
3725
3726
3727
3728
3728.1
3729
3731
3731.1
3691.1
3691.2
3691.3
3691.4
3691.5
3691.6
3692
3692.1
3692.2
3692.3
3692.4
3693
3693.1
3694
3695
3695.3
3695.4
3695.5
3698
3698.5
3698.7
3698.8
3699
3700
3700.5
3701
3702
3703
3704
3704.5
3704.7
3705
3706
3706.1
3707
3708
3708.1
3708.5
3709
3710
3711
3712
3713
3716
3718
3719
3720
3721
3722
3723
3724
3725
3726
3727
3728
3728.1
3729
3731
3731.1