(a) If any portion of the property is not so redeemed, the tax collector shall, without charge, execute to the purchaser a deed of the property as to which either:
(1) The agreement provides that no payment is to be made by the purchaser, or
(2) There has been paid the purchase price in compliance with the terms of the agreement.
(b) The tax collector shall promptly deliver the deed described in subdivision (a) to the county recorder for recordation and shall send a conformed copy of that deed to the Controller. The recorder shall record the deed and prepare necessary conformed copies without charge.
(Amended by Stats. 1992, Ch. 523, Sec. 28. Effective January 1, 1993.)