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§ 5860.627. Sale of property in repository

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: August 30, 2021

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 4. Local Taxation (Refs & Annos)
Delinquent Taxes in Counties, Cities of Third Class, Boroughs, Etc. (Refs & Annos)
Article VI. Sale of Property (Refs & Annos)
(f) Repository for Unsold Property (Refs & Annos)
Effective: August 30, 2021
72 P.S. § 5860.627
§ 5860.627. Sale of property in repository
(a) The bureau may, with the written consent of all the taxing districts where the property is located, establish a minimum purchase price and accept an offer of any price equal to or greater than the minimum purchase price for property placed in the “repository for unsold properties” without court approval and published notice of sale. The bureau shall require, as a condition of sale, that the purchaser provide an affidavit that includes the information specified under section 502-A.1 Any taxing district may not unreasonably withhold its consent to the sale of the property and, if no consent is provided within sixty (60) days of the date notice was received by the taxing district, it shall be deemed that the taxing district consents to the sale of the property. As a condition of its consent, a taxing district may require that the purchaser:
(1) appear in person before the governing body of the taxing district charged with reviewing repository bids; and
(2) provide all of the information required under section 502-A.
(b) The property shall be conveyed to the purchaser upon payment of the agreed price, free and clear of all tax and municipal claims, mortgages, liens, and charges and estates of whatsoever kind, except ground rents separately taxed. It shall be the responsibility of the bureau to have the deed recorded at the expense of the purchaser.

Credits

1947, July 7, P.L. 1368, No. 542, § 627, added 1986, July 3, P.L. 351, No. 81, § 43, effective in 30 days. Amended 1998, June 18, P.L. 501, No. 69, § 2, effective in 60 days; 2021, June 30, P.L. 180, No. 33, § 2, effective in 60 days [Aug. 30, 2021].

Footnotes

72 P.S. § 5860.502-A.
72 P.S. § 5860.627, PA ST 72 P.S. § 5860.627
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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