Capital Online: NOTICE of TAX SALE

NOTICE

All payments must be received no later than 4:30 p.m. on Friday, May 28, 1999 in order to avoid having the delinquent property sold in tax sale on June 1.

NOTICE OF TAX SALE

COLLECTORS SALE FOR NONPAYMENT OF STATE AND COUNTY TAXES AND OTHER LIENS DUE FOR FISCAL YEAR 1999 AND PRIOR YEARS.

Under and by virtue of the several Acts of the General Assembly of Maryland now in force relative to the collection of taxes, notice is hereby given by the Collector of State and County Taxes for Anne Arundel County, Maryland to the owner or owners of the several improved and unimproved lots of ground in Anne Arundel County which are hereinafter described, and unless the taxes and charges due to the Collector of State and County taxes thereon for fiscal year 1999 and prior years shall be paid on or before 4:30 P.M. Friday, May 28, 1999 each of the said improved or unimproved lots, together with the improvements, will be sold at public auction to the highest bidder on Tuesday, June 1, 1999 at 9:00 A.M. in the County Council Room of the Arundel Center, Calvert and Northwest Streets. Annapolis, Maryland

The terms of sale shall be as follows:

The purchaser shall pay the undersigned on the day of sale the full amount of taxes and other charges due the Collector of State and County taxes for said County, on the property sold whether the same are in arrears or not, together with interest and penalties thereon and all expenses incurred in making the sale and the residue of the purchase price shall remain on credit until a final judgment has been passed, foreclosing the right of redemption in the property.

Utility deferment lien amounts shown reflect the current status of the lien. In instances where a utility lien is applicable, the amount due upon foreclosure is also indicated.

Pursuant to section 14-817 (b) (2) of the Maryland Tax-Property Article, Anne Arundel County will be imposing a high bid premium for this sale. The premium will be equal to 20% of the amount that the bid exceeds the property's value (40% of the full cash value.) The amount of the high bid premium will be collected on the day of the sale and held by the County. This premium will be returned, without interest, upon redemption or foreclosure.

Anne Arundel County reserves the right and authority to require proof of legal existence of any bidding entity and will limit entities to a single agent.

The herein described properties will be sold in fee simple unless the Collector of State and County taxes is notified in writing prior to the sale, of the existence of a leasehold interest (the Collector's Tax Roll not disclos ing such fact), in which event the leasehold interest shall be offered for sale, but, if such leasehold interest and the improvements thereon shall not sell for the amount necessary to pay the taxes due and penalties thereon and expenses incurred in making the sale, then the Collector will sell the whole fee simple interest of such property.

All sales are made at the risk of the purchaser and neither the Collector of State and County taxes, nor Anne Arundel County, makes any representation as to the status of the title of the various parcels nor shall the Collector of State and County taxes be responsible to any purchaser for foreclosure costs, attorney's fee or other expenses in connection with any sale or sales made hereunder.

Sales in Anne Arundel County are made under the provisions of the Tax-Property Article, Annotated Code of Maryland. Section 14-833 of said Tax-Property Article provides in part: ``At any time after 6 months from the date of sale a holder of any certificate of sale may file a complaint to foreclose all rights of redemption of the property to which the certificate relates. The right to redeem shall continue until finally barred by decree of the circuit court in which the foreclosure proceeding is filed. Unless a proceeding to foreclose the right of redemption is filed within 2 years of the date of the certificate of sale, the certificate is void and any right, title, and interest of the holder of the certificate of sale, in the property sold shall cease and all money received by the collector on account of the sale shall be deemed forfeited, and shall be applied by the collector on the taxes in arrears on the property.

Anne Arundel County Code Article 6, section 6-102 provides that The Interest Rate for Redemption of property Sold at Tax Sale shall be eighteen (18) Percent Per Annum.

The description of properties listed in this notice are the descriptions shown on the Collector's tax rolls, and may be further identified by the account number shown.

PARTIAL PAYMENT ACCOUNTS

Monies deposited with the Collector not equal to the total outstanding taxes and other charges will be considered partial payments and will not be sufficient to prevent the sale of the property.

VOIDED SALES

In the few occasions when an individual property sale must be voided and subse quently invalidated, the Tax Sale Purchaser, upon the surrender of the certificate, will receive a refund of the amount paid at Tax Sale, but will receive NO redemption interest, or reimbursement of attorney fees, title search or other costs. Events that will invalidate a tax sale include, but are not limited to, bankruptcy filings prior to tax sale and transfer errors on the assessment records that cause a failure of notice to be sent to the true property owner.

John R. Hammond
Financial Officer,
Collector of State and County taxes for Anne Arundel County.

AUCTIONEER: Atlantic Auctions, Inc.