CA AB418

Requires county boards of supervisors to conduct a public hearing with 45 days' notice before approving sales of tax-defaulted property to taxing agencies or nonprofit organizations

Board must find that either the sale price equals or exceeds the property's tax sale value, or that the tax sale value is less than the redemption amount (meaning no excess proceeds would exist from a public auction)

Notice must be mailed to the last assessee and parties of interest, including property description, proposed sale price, hearing date/time/location, and rights to appear and present evidence

Allows challenges to board decisions through a petition for judicial review filed in superior court within 45 days, with courts authorized to vacate decisions not supported by substantial evidence

Costs for conducting hearings and making required findings must be paid by the taxing agency or nonprofit organization seeking to purchase the property