CANADIAN COUNTY TREASURER'S
OFFICE
OCTOBER LIEN SALE
INSTRUCTIONS/GUIDELINES
SALE DATE
The first Monday in
October
SALE LOCATION
Canadian County
Treasurer's Office
201 N. Choctaw
El Reno, OK 73036
HOURS OF SALE
9:00 a.m. until 4:00
p.m.
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REGISTRATION OPTIONS |
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Canadian
County Treasurer's
Office |
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The time a person registers
for this October Lien Sale
determines the selection process
that will be used to award
individual certificates. In case
more than one person is
interested in a certificate a
drawing will be held.
LIEN
SALE INSTRUCTIONS
- Sale opens at 9:00 A.M.
and declaration of sale is
read as required by
statutes.
- All properties could
have delinquent taxes that
have not been advertised.
Therefore,
BUYER BEWARE, all
delinquent taxes must be
endorsed (paid) on the
certificate when issued. It
is office policy that if any
one property has delinquent
taxes that the bidder does
not want to pay, then none
of the certificates awarded
to that bidder will be
issued.
- The amount of interest
earned by the certificate
holder is eight per cent
(8%) per year.
- Cost for issuance of the
certificate is $10.00.
-
This
sale is only a lien sale and
not a transfer of title or
property rights.
- Property, although
listed by publication for
sale, upon which the taxes
have been paid will not be
available for the lien sale.
- If all taxes are paid by
the record owner or any
person having a legal or
equitable interest in said
property prior to issuance
of tax certificate, no
certificate will be issued
and the bid canceled.
- Certificates are issued,
as soon as possible, after
the sale.
- Bidders will be required
to pay for any bids made
with certified funds or
cash. Certificates will be
issued only in the name of
the original bidder.
- Anyone representing more
than one purchaser must
register separately for each
purchaser they are
representing.
- Property will be offered
on a first come first serve
basis.
- If more than person is
interested in the same
property, we will determine
who receives the tax
certificate by fair and
impartial drawing. (Random
Selection Process)
- Current taxes should be
endorsed to your
certificate, as soon as
possible after January 15,
2006 and should be endorsed
prior to the next year's
publication.
- The County Treasurer's
primary function is tax
collection. We make every
effort to see that tax
deeds, both resale and sale
are issued in accordance
with the Statutes, but the
buyer assumes all
responsibility and liability
on purchase the date the
deed is issued.
- In the event a
bankruptcy is filed on any
property on which a
certificate has been issued,
the Certificate Holder has a
right to file a claim for
payment through the
Bankruptcy Court. Please
be advised if you choose
this option you do so at
your own risk and it is
possible that all or a
portion of your bankruptcy
claim could be denied by the
bankruptcy court. If that
should happen to occur the
county will not be
responsible for your loss.
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