Perfected

HCS/HB 613 - This act modifies provision relating to tax sales for delinquent property.

Currently, a county collector may advertise without a legal description or the names of the record owners, tax delinquent lands meeting certain requirements and which have an assessed value of $1,000 or less. This act increases the assessed value limit to $1,500 or less.

The act authorizes any collector, tax sale purchaser, or the agent of either to enter on the land of the another without being guilty of trespass if in the course of providing notice of a tax sale or tax sale redemption rights.

Currently, property must be redeemed within one year of a tax sale if the property is sold at a first or second offering. This act allows owners of property to redeemed until such time that the purchaser acquires a deed to the property.

The act prohibits costs incurred by a tax sale purchaser prior to March first after the tax sale from being included in the costs required to be paid by an owner before the property may be redeemed. County collectors will make the determination as to what are reasonable costs redeeming property owners must pay.

Currently, minors and incapacitated person must redeem property within one year of a disability being removed. This act requires redemption within five years of the last payment of taxes on the property by the minor, incapacitated person, or the representative of either.

Currently, tax sale purchasers must provide a title search to acquire a collector's deed. The title search cannot be more than 120 days from the date of application for the deed. This act removes the 120 day restriction.

The act specifies requirements for a tax sale purchaser to be issued a collector's deed. The act also specifies how notice maybe served on a minor or incapacitated person outside the United States.

Currently, tax sale purchasers must record a deed on the property within two years of the tax sale. This act requires a recording within 18 months.

MIKE HAMMANN


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