As used in this chapter:
(a) “Installment judgment” means a money judgment under which a lien may be created on an interest in real property under Section 697.320.
(b) “Matured installments” means the sum of all of the following:
(1) All amounts and installments that have matured under an installment judgment on or before the date specified in the demand for an acknowledgment of satisfaction of matured installments under an installment judgment.
(2) The interest that has accrued on the installment judgment on the date specified in the demand.
(3) The costs that have been added to the installment judgment on or before the date specified in the demand pursuant to Chapter 5 (commencing with Section 685.010) of Division 1.
(Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.)