Introduced House Bill (H)

Authored by

DIGEST

Disposition of tax sale surplus. Provides that an assignment of a tax sale surplus for real property is void. Provides that if real property is sold at a tax sale and an owner of the real property conveys the owner's interest during the period of redemption, the conveyance is void unless the document of conveyance includes a warning to the owner that by signing the owner may lose the right to any tax sale surplus for the real property. Repeals the provision requiring the person who acquires the real property during the period of redemption to first redeem the property Disposition of tax sale surplus. Provides that an assignment of a tax sale surplus for real property is void. Provides that if real property is sold at a tax sale and an owner of the real property conveys the owner's interest during the period of redemption, the conveyance is void unless the document of conveyance includes a warning to the owner that by signing the owner may lose the right to any tax sale surplus for the real property. Repeals the provision requiring the person who acquires the real property during the period of redemption to first redeem the property before the person may record the document of conveyance. ... View more