Tax Claim Terms Of Sale
Tax Claim Terms Of Sale
IMPORTANT NOTICE: After the sale the Bureau will no longer accept changes to be made to the Name(s) or Entity that is provided for the deed
Sale Information:
There will be no Redemption Period after the date of the sale, but the taxes and costs can be paid up to the date of the sale. It is strongly urged that the prospective purchasers have an examination made of the title of any property in which they may be interested. Every reasonable effort has been made to keep the proceedings free form error. However, in every case the Tax Claim Bureau is selling the taxable interest and the property is offered for sale by the Tax Claim Bureau without guarantee or warranty whatsoever.
The property so struck down will be settled for before the next property is offered for sale. Deeds for the premises will be prepared by the Tax Claim Bureau and recorded. Buyer(s) will be required to pay, in addition to their bid, at the time the property is struck down to them, the basic sum for preparing and recording the deed, and the costs of such realty transfer stamps as required ((1% of the assessed value x common level ration factor) X 2). The Tax Claim Bureau will mail the deeds to the address given by the purchaser.
A property will not be sold if the delinquent taxes and all costs are paid prior to the sale and it is suggested that this be done as soon as possible before the sale, as the earlier this is done, the more saving there will be in the amount of costs etc.
It is repeated that there is no redemption after the property is sold and all sales will be final. No adjustments will be made after the property is struck down.
Pre-Registration is required for all Tax Claim Sales in accordance with ACT NO 133 P.L. 1368, NO. 542(Amended June 30, 2021) – Pre-Registration is opened August 1st of each year. Applications are available online and in our office. Applications must be notarized and dropped off in person. The deadline is 10 days prior to the Tax Claim Sale. There are NO EXCEPTIONS to pre-registration and deadline.
Upset Sale: Terms of Sale:
In the case of all properties selling for one hundred dollars ($100.00) or less, cash in the form of currency of the United States must be paid in full at the time the property is struck down. In the case of properties for which more than one hundred dollars ($100.00) has been bid, the sum of one hundred dollars ($100.00) cash in the form of currency of the United States must be paid with the balance being paid by a check or other satisfactory payment when the property is struck down. If the balance of the purchase price is not paid for any reason (for example, if a check is not paid), the one hundred dollars ($100.00) cash paid shall be forfeited as liquidated damages.
Judicial Sale: Terms of Sale:
Cash in the form of currency of the United States if the purchase price is $50.00 or less. For properties selling for more than $50.00, $50.00 in the form of currency of the United States and a check or other satisfactory payment of the balance when the property is struck down. If the balance of the purchase price is not paid for any reason (for example, if a check is
not paid), the fifty dollars ($50.00) cash paid shall be forfeited as liquidated damages.
An owner shall have no right to purchase his own property at judicial sale under the provisions of 72 P.S. § 5860.618. “Owner” is defined as any individual, partner, shareholder, trust, partnership, limited partnership, corporation or any other business association that has any individual as part of the business association who had any ownership interest or rights in the property.
NOTICE TO PROSPECTIVE TAX SALE BIDDERS
IN ACCORDANCE WITH ACT NO 133 P.L. 1368, NO 542, PROSPECTIVE PURCHASERS AT ALL TAX SALES ARE NOW REQUIRED TO CERTIFY TO THE TAX CLAIM BUREAU AS FOLLOWS:
1. A SUCCESSFUL BIDDER SHALL BE REQUIRED TO PROVIDE CERTIFICATION TO THE BUREAU THAT, WITHIN THE MUNICIPAL JURISDICTION, SUCH PERSON IS NOT DELINQUENT IN PAYING REAL ESTATE TAXES OWED TO TAXING BODIES WITHIN ADAMS COUNTY.
2. A SUCCESSFUL BIDDER SHALL BE REQUIRED TO PROVIDE CERTIFICATION TO THE BUREAU THAT, WITHIN THE MUNICIPAL JURISDICTION, SUCH PERSON IS NOT DELINQUENT IN PAYING MUNICIPAL UTILITY BILLS OWED TO MUNICIPALITIES WITHIN ADAMS COUNTY.