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What are tax deed sales

what are tax deed sales

What is a tax deed sale?

Real property taxes are due each year, and are payable between the months of November of the tax year up to March 31st of the next year. Effective April 1st of each year, any unpaid real property taxes become delinquent property taxes. Each year, the county Tax Collector sells Tax Certificates for delinquent real property taxes on June 1st. The purchaser of a Tax Certificate is referred to as a Certificate-Holder. A Certificate-Holder, after waiting for at least two (2) years, will make application with the Tax Collector for the real property to be sold at public auction in order to be repaid the amount owed to them, plus interest. The Application for Tax Deed file is then transferred to the Clerk of the Circuit Court for processing and subsequent Tax Deed Sale. This process is governed by Title XIV, Ch. 197 of the Florida Statutes, and by FAC 12D-13.060, Florida Department of Revenue.

Who conducts the tax deed sale?

A Deputy Clerk employed by the Clerk of the Circuit Court conducts the sale or public auction in accordance with Section 197.502(5), F.S.

When and where are these tax deed sales held?

Tax Deed Sales are normally held at the Okaloosa County Courthouse, located at 101 E. James Lee Blvd (U.S. Hwy 90), in Crestview. Check each Notice carefully for the date, time and location of each Tax Deed Sale.

Where may information be obtained regarding upcoming sales?

In addition to the Clerk’s website, Tax Deed sales may be advertised in one of several different newspapers in Okaloosa County but are normally published in the Crestview News Bulletin. The Clerk of the Circuit Court is required by Florida Statute to advertise each sale once a week for four consecutive weeks prior to the public auction, Section 197.512(1), F.S. In addition, you can view the legal notice of any pending Tax Deed Sale on this website. You may also visit the Clerk of Circuit Court's office at the Courthouse Annex Extension.

What liens or encumbrances survive against a property after it is sold at a tax deed sale?

Government liens and judgments (federal, state, county or municipal) survive the issuance of a tax deed and are satisfied to the fullest extent possible with any overbid monies from the sale. Government liens not satisfied in full survive the issuance of a tax deed and will remain against the property. Records can be researched on our Official records website .

Can the property owner stop the property from being sold for taxes?

If I am the successful bidder at a Tax Deed Auction, am I entitled to immediate possession of the property after a Tax Deed has been issued to


How is the amount of the opening bid determined?

If the property is not homestead property, the amount of the opening bid equals the total of unpaid taxes and interest, the Tax Collector’s administration fees, the Clerk of Circuit Court administration fees and expenditure fees required by Florida Statute to bring the property to delinquent tax sale. If the property is homestead property, one half of the assessed value from the tax roll is added to the above amounts for the total opening bid amount.

How long does it take to receive the Tax Deed?

You should have your Tax Deed within 7 to 10 days from the sale date.

What happens to any overbid surplus funds after the sale?

Overbid surplus funds are held by this office and are paid to satisfy any government lien(s) to the extent possible. Notices of Surplus Funds are mailed to all interested parties in accordance with ch. 197. After expiration of the claim period, either an assignment of claim priority is determined, and disbursements made, or, if no claims have been received, the funds (or any remaining balance thereof) are transferred to the State of Florida, Department of Revenue. In some cases, if priority is unable to be determined, an "interpleader action" must be brought before the judiciary for a court determination or declaratory judgment. All court costs for processing an interpleader action are debited from the surplus funds. Each online file contains specific overbid surplus fund information. Please review the online file for details.

Where may I obtain information regarding the sale of Tax Certificates?

Tax certificate information can be obtained from the Tax Collector's Office located at 73 Eglin Parkway NE, Suite 111, Ft. Walton Beach FL 32548. The phone number for the Tax Collector’s Delinquent Tax department is 850-651-7604.

If a certificate is not redeemed, the certificate holder may force the issue by making application for tax deed. A certificate must be two years old to be eligible for tax deed application. (For County held certificates, the Board of County Commissioners makes application for the tax deed). The application process must begin in the Tax Collector's office. The Tax Collector prepares the necessary paper work (which includes Tax Collector's certificate and legal description of property) and forwards it to the Clerk's office. The Clerk's office prepares the legal advertisement for the newspaper, the certified mailing of notices of the pending sale, the civil process to be served by the Sheriff's office, the calculation of the opening bid, answers questions from public, and waits for the sale day. The owner or interested party may redeem right up until the very last minute prior to the sale. All redemptions are made at the Tax Collector’s Office.

Category: Taxes

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