Land Tax Sales In Mississippi

Mississippi secretary of state michael watson.
Land tax sales in mississippi. The following may be found at mississippi code at lexis publishing. Mississippi tax sales are typically held the last monday in august and are well noticed in local newspapers. The successful bidder will pay the taxes due for the property. In mississippi a tax sale will eventually take place if you don t pay the property taxes on your home.
How mississippi tax sales work. Mississippi tax sale overview tax sales. In mississippi homeowners who lose their property to a tax. Alcorn county tax collector 600 waldron st corinth ms 38834 phone 662 286 7750 fax 662 286 5713.
The purchaser receives a receipt along with the right to eventually get ownership of your property if you don t pay off the. Public notice before the tax sale in mississippi. 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. At the sale the winning bidder buys the tax debt and gets a lien on the property.
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 tax collector generally must publish a notice of sale in a newspaper for two weeks. Section 27 31 1 to 27 53 33 all property real and personal is appraised at true value and assessed at a percentage of true value according to its type and use. Search land for sale in mississippi.
Ad valorem taxes general exemptions title 27 chapter 31 mississippi code annotated 27 31 1. Individuals corporations and state agencies may apply to the secretary of state s office for the acquisition of these lands. Regulations for motor vehicles and titles. That payment of taxes becomes a lien on the property in favor of the buyer.
Regulations for property tax. In some districts the notice must be posted on the courthouse door. Tax forfeited lands are held by the public lands division for sale. Assessment ratios are 10 15 and 30.
Property tax regulations property tax law. How to redeem the property after a tax sale. Find lots acreage rural lots and more on zillow.