5 California Real Estate Law & Practice § 123.17


Summary

  • [1] Manner, Time, and Place

    All sales of property under a power of sale contained in a trust deed or mortgage are required to be held in the county where the property or some part of the property is situated, by auction to the highest bidder, between the hours of 9 a.m. and 5 p.m. on any business day, Monday through Friday.1Link to the text of the note The sale must commence at the time and location specified in the notice of sale.2Link to the text of the note Any postponement of the sale must be announced at the time and location specified in the notice of sale for commencement of the sale or as specified in § 123.18.3Link to the text of the note A sale that is postponed pursuant to an act of force majeure under Civ. Code § 2924g(c)(E) must be postponed seven calendar days at the same time and location.4Link to the text of the note If the sale of more than one parcel of real property has been scheduled for the same time and location by the same trustee, any postponement of any of the sales ...