Alameda Municipal Code § 3-43 Redemption Generally

Until the right of redemption is terminated, tax sold property may be redeemed by the owner or his/her successor in interest.

(Ord. No. 535 N.S. § 3-711)

The amount necessary to redeem is the sum of the following:

a. The amount of sold taxes.

b. The delinquent penalties and costs for the year of sale to the City.

c. Redemption penalties.

(Ord. No. 535 N.S. § 3-712)

Redemption penalties are the sum of the following:

a. Beginning July 1 of the year of sale to the City, on the amount of sold taxes at the time of sale, one (1%) percent a month for the first year, then one-half (.5%) percent a month to the time of redemption.

b. Beginning July 1 of each subsequent year, on the unpaid taxes for which the property would have been sold to the City in that year if there had not been a previous sale, one (1%) percent a month for the first year thereafter, then one-half (.5%) percent a month to the time of redemption.

(Ord. No. 535 N.S. § 3-713)

Application to redeem shall be made to the redemption officer, who shall then prepare an estimate of the amount necessary to redeem.

(Ord. No. 535 N.S. § 3-714)

Payment of the amount necessary to redeem shall be made to the Redemption Officer. The Redemption Officer shall deliver a receipt to the redemptioner, which receipt shall show, among other things, the name of the person redeeming, the amount received, and the date when the redemption was made.

(Ord. No. 535 N.S. § 3-715)

The Redemption Officer shall enter in the tax sales book, in appropriate columns opposite the description of each parcel redeemed, the date of redemption, the redemption penalties, the total amount paid on redemption, and by whom redeemed.

(Ord. No. 535 N.S. § 3-716)

Opposite the description of the property on each roll on which the property appears the Redemption Officer shall note the fact of redemption.

(Ord. No. 535 N.S. § 3-717)