Land Tax Sales In Mississippi

The tax collector generally must publish a notice of sale in a newspaper for two weeks.

Land tax sales in mississippi.

How to redeem the property after a tax sale. Individuals corporations and state agencies may apply to the secretary of state s office for the acquisition of these lands. Business formation services home form a business or file business documents search existing business records non profits commercial registered agents notaries apostilles trademarks order documents uniform commercial code non business forms. The following may be found at mississippi code at lexis publishing.

These lands represent properties that have been forfeited to the state of mississippi for non payment of ad valorem taxes. When a property owner fails to pay their real property tax bill in mississippi the county municipality will have a public auction to sell a lien on the property for the overdue amount. The purchaser receives a receipt along with the right to eventually get ownership of your property if you don t pay off the. In mississippi homeowners who lose their property to a tax.

Mississippi secretary of state michael watson. Public notice before the tax sale in mississippi. Alcorn county tax collector 600 waldron st corinth ms 38834 phone 662 286 7750 fax 662 286 5713. Ad valorem taxes general exemptions title 27 chapter 31 mississippi code annotated 27 31 1.

At the tax sale the taxes are auctioned by competitive bid using an overbid system. How mississippi tax sales work. Property tax regulations property tax law. That payment of taxes becomes a lien on the property in favor of the buyer.

Regulations for property tax. Mississippi tax sales are typically held the last monday in august and are well noticed in local newspapers. Assessment ratios are 10 15 and 30. In mississippi a tax sale will eventually take place if you don t pay the property taxes on your home.

In some districts the notice must be posted on the courthouse door. Regulations for motor vehicles and titles. Ad valorem tax miss. At the sale the winning bidder buys the tax debt and gets a lien on the property.

Tax forfeited lands are held by the public lands division for sale. The successful bidder will pay the taxes due for the property. Search land for sale in mississippi.