with approximately $6 billion in assets, the investment pool is invested in fixed income securities that are legally permitted by california government code and also meet the. if the property is sold, lienholders and the former owner may claim proceeds in excess of the taxes and cost of the sale. For more information, refer to the tax defaulted land. mar 29, 2019 · any party of interest in the property may file with the county a claim for the excess proceeds, in proportion to his or her interest held with…