** NOTICE**
NEW LEGISLATION
CONCERNING PROPERTY TAX FORECLOSURE SALES
HOUSE BILL 335, PASSED IN THE 78TH SESSION OF THE TEXAS LEGISLATURE, BECAME EFFECTIVE SEPTEMBER 1, 2003. THIS LAW APPLIES TO A SHERIFF’S SALE CONDUCTED AFTER OCTOBER 1, 2003. THIS NEW LEGISLATION REQUIRES THE FOLLOWING:
1. YOU MUST COMPLETE AND HAVE NOTARIZED A REQUEST FOR TAXES DUE FROM THE SHERMAN COUNTY TAX ASSESSOR-COLLECTOR’S OFFICE. THIS FORM CAN BE OBTAINED FROM THE SHERMAN COUNTY TAX OFFICE.
BASED ON YOUR REQUEST, YOU WILL BE ISSUED A STATEMENT OF TAX DUE OR A STATEMENT OF NO TAX DUE SIGNED BY THE TAX ASSESSOR-COLLECTOR. (TO BE ELIGIBLE TO BID IN THE SHERIFF’S SALE, A STATEMENT OF “NO TAX DUE” MUST BE SUBMITTED TO THE OFFICER CONDUCTING THE SALE PRIOR TO THE SALE.)
2. AN INDIVIDUAL MAY NOT BID ON OR PURCHASE PROPERTY IN THE NAME OF ANOTHER INDIVIDUAL WITHOUT WRITTEN AUTHORIZATION FROM THAT INDIVIDUAL PRESENTED TO THE OFFICER CONDUCTING THE SALE. THE OFFICER CONDUCTING THE SALE MAY NOT EXECUTE A DEED IN THE NAME OF OR DELIVER A DEED TO ANY PERSON OTHER THAN THE PERSON WHO WAS THE SUCCESSFUL BIDDER.
A PERSON WHO KNOWINGLY VIOLATES THIS SECTION OF THE LAW COMMITS A
CLASS B MISDEMEANOR.