Sections
21 entriesSection 701.510Requires the levying officer to sell all levied property, subject to the referenced exceptions, but tangible personal property cannot be sold until…Section 701.520Requires specified receivables, chattel paper, intangibles, money judgments, and instruments to be collected rather than sold unless the judgment creditor serves an…Section 701.530Requires personal-property sale notice to be written, state the sale date, time, and place, describe the property, and be posted and served…Section 701.540Requires written real-property sale notice with specified sale and property information, served, posted, and published generally at least 20 days before sale.…Section 701.545Prohibits giving notice of sale for an interest in real property until 120 days after notice of levy on that interest was…Section 701.547Requires a notice of sale to include the substance of the prescribed warning directing prospective bidders to the specified Code of Civil…Section 701.550Requires the levying officer, when posting sale notice, to mail notice to anyone who properly requested it. A pre-writ request must be…Section 701.555Allows a judgment creditor, in addition to required sale notice, to advertise an execution sale in a newspaper's classified or other advertising…Section 701.560Establishes that failure to give the sale notice required by the article does not invalidate the resulting sale. A levying officer who…Section 701.570Requires property sale at the noticed date, time, and place in the county, between 9 a.m. and 5 p.m., by auction to…Section 701.580Allows the judgment debtor and creditor jointly to postpone an execution sale by written request fixing a day and hour and delivering…Section 701.590Requires execution-sale purchasers to pay cash, certified check, or cashier's check, while allowing creditor credit bids subject to protected cash claims. Real-property…Section 701.600Requires the levying officer to resell property when the highest bidder fails to pay, using the next bidder or a new sale…Section 701.610Prohibits the levying officer from purchasing property at a sale conducted under the applicable enforcement procedures or from having any interest in…Section 701.620Prohibits an execution sale unless the bid exceeds required preferred labor claims, superior state tax liens, and, for a noncreditor purchaser, the…Section 701.630Establishes that a sale under the article extinguishes the lien under which the property is sold, all liens subordinate to that lien,…Section 701.640Defines the interest acquired by an execution-sale purchaser as any interest of the judgment debtor in the sold property that the debtor…Section 701.650Requires the levying officer, after an execution-sale purchaser pays, to deliver manually deliverable personal property and, on request, a certificate of sale;…Section 701.660Requires the levying officer conducting a real-property execution sale, after the purchaser pays the amount due including any required documentary transfer tax,…Section 701.670Requires every certificate or deed of sale to state the court where the underlying judgment was entered, the action and case number,…Section 701.680Establishes execution sales as absolute and generally not subject to being set aside, but allows the debtor or successor to challenge an…