Home Publications Guides, Manuals, and Reference Materials County Tax Collectors' Reference Manual (2012) Chapter 8000 Sale of Tax-Defaulted Property 8200-8202 Sealed Bid: General Information

8200-8202 Sealed Bid: General Information

8200. PURPOSE OF SALES
The primary purpose of a sealed bid sale is to collect the unpaid taxes, thereby clearing the abstract. Offering property for sale achieves this by either selling the property or forcing redemption.

8201. FREQUENCY OF SALES
The law requires that a sale be held at least once every four years. It is preferable to hold sales at least once a year, because regularly scheduled sales can often motivate redemption. If the property remains unsold or is not redeemed, the tax collector should consider offering the property at the next public auction or sealed bid sale. Note: If no bids are received on a particular property, the property need not be offered again for as many as six years (Rev. & Tax. Code §3692).

8202. LOCATION OF SALE
The tax collector may hold a sealed bid sale at any appropriately advertised location within the county. The Revenue and Taxation Code contains no limitations or restrictions on location (Attorney General Letter 6-26-47).