| Tax
Certificate Office Contact: |
Susan
D. Profant |
|
| (941)
741-4865 - Fax |
(941) 741-4832 -
Phone |
|
| Additional Contacts: |
Michelle Leeson (941) 741-4835
Sue
Sinquefield (941) 741-4831
|
Tax
Certificate Sale - Real Estate Taxes in the State of Florida
are for the calendar year and are payable November 1st of that
year. If these real estate taxes are not paid on or before March
31st of the following year, they become delinquent the next
day, April 1st. Florida Statutes require the Tax Collector to
annually, on or before June 1st, conduct a sale of tax certificates
on all land on which the taxes are delinquent for the preceding
year.
The tax certificates are sold at a tax sale auction through
competitive bidding. The bidding starts at 18% and is bid down
in ¼% increments until the certificate is sold to the
lowest bidder. The resulting certificate is a lien on the property,
not the sale of the property. The amount of the certificate
is the sum of the unpaid real estate taxes and non-ad valorem
assessments, 3% interest, 5% in costs associated with the sale,
and advertising charges.
Payment of the taxes cancels the lien. In most cases, if the
property owner fails to pay the taxes within 2 years from the
date of the delinquency, the certificate holder can initiate
a tax deed application that may result in the loss of the property
if the taxes remain unpaid.
|
Tax Certificate Sale
