(a)If an assessment or any installment thereof is
delinquent, the city or town, by general ordinance, may provide
for the sale of property described in the local assessment roll
for:
(i)The amount of the delinquent assessment or
installment, together with penalty and interest accruing to date
of sale;
(ii)The costs of the sale;
(iii)The execution and delivery by the treasurer of
the city or town of certificates of sale to the purchaser; and
(iv)The execution by the treasurer of an assessment
deed to the person entitled.
(b)The treasurer shall give notice of such sales by
publishing a notice once a week for three (3) consecutive weeks
in a newspaper published within the city or town, or if there is
none, then in a newspaper of general circulation within the
county. The notice shall co
Free access — add to your briefcase to read the full text and ask questions with AI
(a) If an assessment or any installment thereof is
delinquent, the city or town, by general ordinance, may provide
for the sale of property described in the local assessment roll
for:
(i) The amount of the delinquent assessment or
installment, together with penalty and interest accruing to date
of sale;
(ii) The costs of the sale;
(iii) The execution and delivery by the treasurer of
the city or town of certificates of sale to the purchaser; and
(iv) The execution by the treasurer of an assessment
deed to the person entitled.
(b) The treasurer shall give notice of such sales by
publishing a notice once a week for three (3) consecutive weeks
in a newspaper published within the city or town, or if there is
none, then in a newspaper of general circulation within the
county. The notice shall contain a list of all property upon
which assessments are delinquent with the amount of the
assessments, interest, penalties and costs to date of sale,
including the cost of advertising the sale, together with the
names of the owners of the property, or the words "unknown
owners," as they appear upon the assessment roll. The notice
shall include, in addition to the legal description of the
property, the street address for the property used by the United
States postal service when available, or the street address used
by the county or municipality if available. The notice shall
specify the time and place of sale and that the property
described will be sold to satisfy the assessments, interest,
penalties and costs due upon it. All such sales shall be made
between the hours of 10:00 a.m. and 4:00 p.m. and shall take
place at the front door of the building in which the governing
body holds its sessions. The sale shall be continued from day
to day, omitting Sundays and legal holidays, until all the
property described in the assessment roll on which any
assessment or installment is delinquent and unpaid is sold. All
sales are public, and each lot, tract or parcel of land, or
other property shall be sold separately in the order in which
they appear upon the assessment roll.
(c) All lots, tracts and parcels of land and other
property sold for delinquent and unpaid local assessments shall
be sold to the first person at the sale offering to pay the
amount due on the lot, tract or parcel of land or other
property. If there is no bidder for any lot, tract or parcel of
land, or other property, for a sum sufficient to pay the
delinquent and unpaid assessment thereon, or installment
thereof, together with interest, penalty and costs, the
treasurer shall strike it off to the city or town for the whole
amount which he is required to collect by the sale. If any
bidder to whom any property is stricken off at the sale does not
pay the assessment, interest, penalty and costs before 10:00
a.m. of the day following the sale, the property must then be
resold, or if the assessment sale is closed, the property is
deemed to have been sold to the city or town, and a certificate
of sale shall be issued to the city or town therefor.
(d) Any city or town may enter into an agreement with any
person to provide that the person, in case of a sale under this
section of the lots, tracts or parcels specified in the
agreement, shall bid an amount at least equal to the sum of the
total unpaid assessment, including delinquencies, and penalty,
interest and costs to date of sale for each of the lots, tracts
or parcels specified in the agreement.