California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 9 — Enforcement of Judgments, Division 1 — Definitions and General Provisions, Chapter 20 — Transitional Provisions, Section 694.050
(a) Except as provided in subdivision (b), property levied upon, or property to be sold upon which foreclosure or other proceedings for sale have been commenced, prior to the operative date that would have been sold subject to the right of redemption under prior law shall be sold subject to the right of redemption and may be redeemed as provided by prior law.
(b) If the judgment creditor and judgment debtor agree in writing, property described in subdivision (a) may be sold as provided in this title rather than subject to the right of redemption.
(c) Property sold prior to the operative date subject to the right of redemption under prior law may be redeemed as provided by prior law.
Notes
Sets property subject to redemption under prior law because levy or sale proceedings began before the operative date to remain subject to that redemption regime, and property already sold under prior law remains redeemable under it. The judgment creditor and debtor may instead agree in writing to sell qualifying property under the new title without the prior-law redemption right.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 694.050 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-9/division-1/chapter-20/section-694-050