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Mobile homes are considered to be personal effects for the functions of this section unless the owner has actually de-titled the mobile home according to Section 56-19-510. (d) The property must be marketed to buy at public auction. The ad needs to remain in a newspaper of general blood circulation within the county or district, if relevant, and have to be entitled "Overdue Tax obligation Sale".

The marketing must be released when a week prior to the lawful sales date for 3 consecutive weeks for the sale of actual residential property, and two successive weeks for the sale of individual property. All costs of the levy, seizure, and sale should be added and gathered as added expenses, and should consist of, yet not be restricted to, the expenses of acquiring real or personal residential or commercial property, marketing, storage, recognizing the boundaries of the building, and mailing certified notifications.

In those cases, the officer may partition the building and equip a legal summary of it. (e) As an option, upon approval by the region regulating body, a region might utilize the treatments provided in Phase 56, Title 12 and Section 12-4-580 as the first action in the collection of delinquent taxes on actual and personal effects.

Effect of Amendment 2015 Act No. 87, Section 55, in (c), substituted "has actually de-titled the mobile home according to Area 56-19-510" for "offers written notice to the auditor of the mobile home's annexation to the land on which it is situated"; and in (e), placed "and Area 12-4-580" - real estate investing. AREA 12-51-50

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The surrendered land commission is not required to bid on residential property known or reasonably presumed to be contaminated. If the contamination ends up being known after the proposal or while the commission holds the title, the title is voidable at the election of the commission. HISTORY: 1995 Act No. 90, Section 3; 1996 Act No.

Settlement by effective bidder; invoice; disposition of profits. The successful bidder at the delinquent tax sale shall pay legal tender as offered in Area 12-51-50 to the person formally charged with the collection of delinquent taxes in the sum total of the bid on the day of the sale. Upon settlement, the person formally charged with the collection of overdue tax obligations shall provide the purchaser a receipt for the purchase money.

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Costs of the sale have to be paid initially and the equilibrium of all delinquent tax obligation sale cash accumulated need to be committed the treasurer. Upon receipt of the funds, the treasurer will note instantly the general public tax obligation records pertaining to the residential property offered as follows: Paid by tax sale held on (insert day).

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The treasurer shall make complete settlement of tax obligation sale monies, within forty-five days after the sale, to the particular political subdivisions for which the tax obligations were levied. Proceeds of the sales in excess thereof must be maintained by the treasurer as or else provided by regulation.

166, Section 8; 2015 Act No. 87 (S. 379), Area 57, eff June 11, 2015. (A) The defaulting taxpayer, any type of beneficiary from the proprietor, or any home loan or judgment lender may within twelve months from the date of the overdue tax obligation sale retrieve each thing of actual estate by paying to the individual officially charged with the collection of delinquent tax obligations, evaluations, fines, and prices, together with rate of interest as provided in subsection (B) of this area.

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2020 Act No. 174, Sections 3. B., provide as adheres to: "AREA 3. A. profit maximization. Regardless of any kind of various other provision of regulation, if genuine building was marketed at an overdue tax obligation sale in 2019 and the twelve-month redemption duration has not expired as of the efficient date of this area, then the redemption period for the actual residential or commercial property is prolonged for twelve added months.

HISTORY: 1988 Act No. 647, Section 1; 1994 Act No. 506, Section 13. In order for the owner of or lienholder on the "mobile home" or "made home" to redeem his property as permitted in Section 12-51-95, the mobile or manufactured home topic to redemption should not be gotten rid of from its location at the time of the delinquent tax obligation sale for a duration of twelve months from the day of the sale unless the proprietor is needed to relocate it by the person various other than himself who possesses the land upon which the mobile or manufactured home is positioned.

If the owner relocates the mobile or manufactured home in offense of this section, he is guilty of an offense and, upon conviction, must be penalized by a penalty not going beyond one thousand dollars or imprisonment not surpassing one year, or both (wealth strategy) (profit maximization). Along with the various other requirements and repayments needed for an owner of a mobile or manufactured home to redeem his building after an overdue tax obligation sale, the defaulting taxpayer or lienholder additionally should pay rent to the buyer at the time of redemption an amount not to surpass one-twelfth of the taxes for the last completed real estate tax year, exclusive of charges, costs, and interest, for every month between the sale and redemption

For functions of this rental fee calculation, greater than half of the days in any type of month counts as an entire month. HISTORY: 1988 Act No. 647, Section 3; 1994 Act No. 506, Section 14. AREA 12-51-100. Termination of sale upon redemption; notice to buyer; reimbursement of acquisition cost. Upon the real estate being redeemed, the individual officially billed with the collection of overdue taxes shall terminate the sale in the tax obligation sale book and note thereon the amount paid, by whom and when.

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HISTORY: 1962 Code Section 65-2815.9; 1971 (57) 499; 1985 Act No. 166, Area 10; 1998 Act No. 285, Area 3. SECTION 12-51-110. Personal residential or commercial property will not undergo redemption; purchaser's proof of sale and right of ownership. For personal effects, there is no redemption duration subsequent to the moment that the residential or commercial property is struck off to the successful purchaser at the delinquent tax obligation sale.

HISTORY: 1962 Code Section 65-2815.10; 1971 (57) 499; 1985 Act No. 166, Area 11. Neither even more than forty-five days neither less than twenty days prior to the end of the redemption duration for genuine estate marketed for taxes, the person formally billed with the collection of delinquent taxes will send by mail a notification by "certified mail, return invoice requested-restricted shipment" as given in Section 12-51-40( b) to the skipping taxpayer and to a beneficiary, mortgagee, or lessee of the home of record in the suitable public documents of the area.