San Mateo Tax Collector excess-proceeds

Source: https://www.smcgov.org/tax/excess-proceeds

If a property is purchased at auction and there is more than $150 remaining (after tax, liens, and costs of the sale have been paid), the remaining funds are considered 'Excess Proceeds.' Parties of Interest, such as lienholders and the former owner, have up to one year from the date the tax deed is recorded to file a claim for excess proceeds. A notice of excess proceeds will be sent to all Parties of Interest.