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Nevada
Sale Type: Hybrid Tax Deed
Interest Rate: 12% APR
Bid Method: Highest Bidder
Redemption Period: 2 Years
Sale Date(s): Year Round
State Statute(s): Chapter 361
Interest Rate: 12% APR
Bid Method: Highest Bidder
Redemption Period: 2 Years
Sale Date(s): Year Round
State Statute(s): Chapter 361
Nevada State Overview
In Nevada, county treasurers sell tax deeds to the winning bidders at the delinquent tax deed sales.
In Nevada, county treasurers sell tax deeds to the winning bidders at the delinquent tax deed sales.
- Tax Sale Type: Tax Deed (Sec. 361.595 (4)).
- Contact: County Treasurer. (Sec. 361.595).
- Interest Rate and/or Penalty Rate: Not applicable.
- Bid Procedure: Premium bid / highest bid. (Sec. 361.595 (2)).
- Redemption Period: Not applicable.
- Law: Nevada Revised Statutes, Chapter 361, "Property Tax."
New Mexico
Sale Type: Deed
Bid Method: Competetive high bid
Sale Date(s): Year-round
Statute Section(s): NM Statutes - CH 7, Article 38
Over-the-Counter: No
State Website: State of New Mexico Property Tax Division
Bid Method: Competetive high bid
Sale Date(s): Year-round
Statute Section(s): NM Statutes - CH 7, Article 38
Over-the-Counter: No
State Website: State of New Mexico Property Tax Division
- Tax Sales are handled by the state in New Mexico. After three years of delinquency, the county treasurer passes the property account over to the state for delinquent real property tax collection.
- With the state being the one handling the sale, very few county treasurers have tax sale data available online. Use the link above to check the State Property Tax Division first and foremost.
In New Mexico, the tax collector or treasurer will sell tax deeds to the winning bidders at the delinquent property tax sale.
Tax Sale Type: Tax Deed. (Sec. 7-38-70a ).
Contact: County Assessor-Collector. (Sec. 7-38-62 ).
Interest Rate and/or Penalty Rate: Not applicable.
Bid Procedure: Premium bid / highest bid. (Sec. 7-38-67 ).
Redemption Period: Not applicable.
Law: New Mexico Statutes, Chapter 7, Article 38, "Administration and Enforcement of Property Taxes."
Additional Notes:Important According to (Sec. 7-1-49 ) when an investor purchase a property at a New Mexico Tax Deed Sale the investor takes it 'subject to all outstanding prior interests and encumbrances (i.e., mortgages) of record'.
New York
Sale Type: Tax Deeds (Except NYC)
Bid Method: Highest Bid
Sale Date(s): Year Round
Statute Section(s): CH 50-a, Article 11
Over-the-Counter: Yes
State Website: http://www.ny.gov/
Bid Method: Highest Bid
Sale Date(s): Year Round
Statute Section(s): CH 50-a, Article 11
Over-the-Counter: Yes
State Website: http://www.ny.gov/
New York State Overview
In New York, the tax collector or treasurer will sell tax deeds to the winning bidders at the delinquent property tax sale.
- GIS and mapping data - This state site is a very good resource to find state, county, and other municipal GIS systems.
- The five counties of New York City were incorporated together as boroughs in 1898, as follows:
- Manhattan, New York County
- Queens, Queens County
- Brooklyn, Kings County
- Bronx, Bronx County
- Staton Island, Richmond County
- Obtaining county records has been made easier because of "FOIL", a Freedom of Information Law that requires all of the government agencies to disclose and provide records free of hassle and real cost. This means parcel maps, title history, relevant property data is available through a quick email.
- This Allegany County deed recording page is a great resource for instructions on recording deeds in New York.
- In the state of New York, each deed must be accompanied by a Real Property Transfer Report.
In New York, the tax collector or treasurer will sell tax deeds to the winning bidders at the delinquent property tax sale.
- Tax Sale Type: Tax Deed (Sec. 1166 (1)).
- Contact: Tax Collector. (Sec. 1102).
- Interest Rate and/or Penalty Rate: Not applicable.
- Bid Procedure: Premium bid / highest bid. (Sec. 1102 (3)).
- Redemption Period: Not applicable.
- Law: New York Real Property Tax Law, Chapter 50-a, Article 11, "PROCEDURES FOR ENFORCEMENT OF COLLECTION OF DELINQUENT TAXES"
- New York City's Tax Lien Certificates Sale: The city of New York holds an annual tax lien sale, the winning bidder will receive a tax lien certificate.
North Carolina
Sale Type: Tax Deed
Bid Method: Highest Bid
Sale Date(s): Year-Round
State Statute(s): CH 105, Sub CH II, Article 26
Over-the-Counter: Yes
State Website: http://www.ncgov.com/
Bid Method: Highest Bid
Sale Date(s): Year-Round
State Statute(s): CH 105, Sub CH II, Article 26
Over-the-Counter: Yes
State Website: http://www.ncgov.com/
North Carolina State Overview
100 County Tax Departments/Tax Department Offices/Tax Offices/Tax Collections Offices and Tax Collectors and 267 municipal (City or Town) Tax Collectors.
In North Carolina, the tax collector or treasurer will sell tax deeds to the winning bidders at the delinquent property tax sales.
100 County Tax Departments/Tax Department Offices/Tax Offices/Tax Collections Offices and Tax Collectors and 267 municipal (City or Town) Tax Collectors.
In North Carolina, the tax collector or treasurer will sell tax deeds to the winning bidders at the delinquent property tax sales.
- Tax Sale Type: Tax Deed (Sec. 105-374 (p)).
- Contact: Tax Collectors (Sec. 105-350).
- Interest Rate and/or Penalty Rate: Not applicable
- Bid Procedure: Premium bid / highest bid. (Sec. 105-374 (m)).
- Redemption Period: Not applicable.
- Law: General Statutes of North Carolina, Chapter 105, Subchapter II, Article 26, "Collection and Foreclosure of Taxes."
- Upset bids: According to (Sec. 1-339.64) a bidder may 'increase the bid' by increasing the bid by '(5%)' and 'with a minimum increase of seven hundred fifty dollars ($750.00).'. Once the upset bid has been recorded, the clerk of the superior court will release the prior sale.