How long could a property owner have to redeem a property sold for unpaid taxes, assuming maximum legal time is taken?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

In California, a property owner can typically redeem a property sold for unpaid taxes within a maximum legal time frame of five years, although this is usually less for most cases. However, in certain circumstances, such as when property taxes have not been paid for an extended period, maximum redemption periods can extend up to seven years. This seven-year timeline allows the owner not only to regain their property but also to accommodate additional factors like the nature of the sale or the procedures involved with the redemption process.

The option that indicates a five-year redemption period, while it is common, does not account for situations where the tax delinquency is severe enough to extend the timeframe. Therefore, the option representing seven years is seen as the accurate answer in scenarios where the maximum legal time can be applied.

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