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Mobile homes are considered to be individual home for the objectives of this area unless the owner has de-titled the mobile home according to Area 56-19-510. (d) The residential property must be promoted available for sale at public auction. The advertisement must be in a paper of general circulation within the area or district, if appropriate, and should be entitled "Overdue Tax obligation Sale".
The advertising should be released once a week prior to the legal sales date for 3 successive weeks for the sale of real residential or commercial property, and two successive weeks for the sale of personal effects. All costs of the levy, seizure, and sale has to be added and collected as extra expenses, and have to include, yet not be restricted to, the expenditures of acquiring real or personal effects, advertising, storage space, determining the borders of the residential property, and mailing certified notifications.
In those instances, the officer might partition the property and provide a lawful summary of it. (e) As a choice, upon authorization by the region controling body, a region might make use of the procedures provided in Chapter 56, Title 12 and Section 12-4-580 as the initial action in the collection of delinquent tax obligations on real and personal residential or commercial property.
Effect of Modification 2015 Act No. 87, Area 55, in (c), replaced "has actually de-titled the mobile home according to Area 56-19-510" for "provides created notification to the auditor of the mobile home's addition to the land on which it is located"; and in (e), put "and Area 12-4-580" - real estate workshop. SECTION 12-51-50
The surrendered land compensation is not called for to bid on property recognized or fairly thought to be infected. If the contamination comes to be recognized after the proposal or while the compensation holds the title, the title is voidable at the election of the compensation. BACKGROUND: 1995 Act No. 90, Section 3; 1996 Act No.
Repayment by successful prospective buyer; receipt; disposition of proceeds. The effective prospective buyer at the delinquent tax sale shall pay legal tender as supplied in Area 12-51-50 to the individual formally charged with the collection of delinquent taxes in the sum total of the quote on the day of the sale. Upon payment, the individual officially charged with the collection of overdue tax obligations will provide the buyer a receipt for the purchase money.
Costs of the sale should be paid initially and the balance of all overdue tax sale cash accumulated have to be transformed over to the treasurer. Upon invoice of the funds, the treasurer shall mark instantly the general public tax documents regarding the residential property marketed as complies with: Paid by tax sale held on (insert date).
166, Area 7; 2012 Act No. 186, Section 4, eff June 7, 2012. AREA 12-51-80. Settlement by treasurer. The treasurer will make full negotiation of tax sale monies, within forty-five days after the sale, to the corresponding political class for which the taxes were imposed. Proceeds of the sales over thereof have to be preserved by the treasurer as otherwise provided by regulation.
166, Section 8; 2015 Act No. 87 (S. 379), Area 57, eff June 11, 2015. Result of Change 2015 Act No. 87, Area 57, replaced "within forty-five days" for "within thirty days". SECTION 12-51-90. Redemption of genuine property; job of buyer's passion. (A) The defaulting taxpayer, any type of beneficiary from the owner, or any kind of home mortgage or judgment lender might within twelve months from the day of the overdue tax obligation sale retrieve each thing of actual estate by paying to the individual formally charged with the collection of overdue taxes, assessments, charges, and costs, along with passion as given in subsection (B) of this section.
2020 Act No. 174, Areas 3. B., give as adheres to: "SECTION 3. A. overages. Regardless of any kind of other provision of regulation, if genuine building was offered at an overdue tax obligation sale in 2019 and the twelve-month redemption period has not ended as of the effective date of this area, after that the redemption period for the real property is expanded for twelve added months.
BACKGROUND: 1988 Act No. 647, Area 1; 1994 Act No. 506, Area 13. In order for the proprietor of or lienholder on the "mobile home" or "made home" to retrieve his building as allowed in Section 12-51-95, the mobile or manufactured home subject to redemption should not be gotten rid of from its place at the time of the overdue tax sale for a duration of twelve months from the date of the sale unless the proprietor is needed to move it by the individual various other than himself that possesses the land upon which the mobile or manufactured home is located.
If the proprietor moves the mobile or manufactured home in infraction of this area, he is guilty of a misdemeanor and, upon sentence, must be penalized by a fine not surpassing one thousand dollars or imprisonment not exceeding one year, or both (real estate investing) (real estate investing). Along with the other needs and payments essential for an owner of a mobile or manufactured home to redeem his building after a delinquent tax sale, the defaulting taxpayer or lienholder also need to pay lease to the buyer at the time of redemption a quantity not to exceed one-twelfth of the taxes for the last completed real estate tax year, aside from charges, prices, and interest, for each and every month between the sale and redemption
Termination of sale upon redemption; notice to purchaser; refund of acquisition price. Upon the actual estate being retrieved, the individual officially charged with the collection of overdue tax obligations will terminate the sale in the tax obligation sale book and note thereon the quantity paid, by whom and when.
HISTORY: 1962 Code Area 65-2815.9; 1971 (57) 499; 1985 Act No. 166, Area 10; 1998 Act No. 285, Area 3. AREA 12-51-110. Personal effects will not go through redemption; purchaser's proof of sale and right of possession. For personal effects, there is no redemption duration succeeding to the time that the building is struck off to the effective purchaser at the overdue tax sale.
HISTORY: 1962 Code Section 65-2815.10; 1971 (57) 499; 1985 Act No. 166, Area 11. SECTION 12-51-120. Notification of approaching end of redemption period. Neither greater than forty-five days nor less than twenty days prior to completion of the redemption duration genuine estate sold for taxes, the person formally billed with the collection of overdue tax obligations will mail a notification by "qualified mail, return receipt requested-restricted shipment" as given in Area 12-51-40( b) to the defaulting taxpayer and to a grantee, mortgagee, or lessee of the residential property of document in the ideal public documents of the region.
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