SB 0113 | Prohibits Delinquent Real Estate Owners From Bidding on Sheriff's Land Sales |
Sponsor: | Curls | |||
LR Number: | S0591.01I | Fiscal Note: | 0591-01 | |
Committee: | Insurance and Housing | |||
Last Action: | 01/29/97 - Hearing Conducted S Insurance & Housing Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1997 | |||
SB 113 - This act restricts the use of redemption contracts
on tax foreclosed residential property which has been vacant for
at least six months. It would also bar the sale of tax
foreclosed property to persons who owe delinquent property taxes
on other property within the same county. Some procedures for
sheriff's sales are specified.
MIKE HOEFERKAMP