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Tax Deed Overview

Comptroller Academy August 14, 2018. Tax Deed Overview. Tax Deed Group. Part of Official Records Department Christie Willis – Official Records Coordinator. Tax Deed Group, cont. Becky Kane and Janet Vatalaro – Sr. Production Leads

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Tax Deed Overview

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  1. Comptroller Academy August 14, 2018 Tax Deed Overview

  2. Tax Deed Group • Part of Official Records Department • Christie Willis – Official Records Coordinator

  3. Tax Deed Group, cont. • Becky Kane and Janet Vatalaro – Sr. Production Leads • Miro Hildebrandt, Dianne Rios and Val Nussbaumer– Sr. Specialists

  4. Why Tax Deeds? • Process defined by Florida Statute 197 • To collect unpaid property taxes by selling property • Tax certificates sold by the Tax Collector each year to collect taxes • Tax Certificate holders can apply for Tax Deed after holding certificate for two years

  5. Why Tax Deeds Cont. • Applicant must pay off all other certificate holders • Applicant is refunded after sale or redemption • If no bids at sale – property is Struck to Applicant • List of Lands Available properties

  6. Tax Deed Function Overview • Receive applications from Tax Collector • Collect Applicant deposit to set sale • Notify all parties and advertise sale • Conduct online auction • Finalize each sale and issue Tax Deed • Distribute surplus funds, if any

  7. Other Functions • Process Specialized documents • Record Plats & Maps • Record Condominium Declarations • Transfer Liens to Security

  8. Orange County Online • Online Tax Deed auctions since 2016 • Increased efficiency and buyer base • Bidders must register with Realauction to bid • Must have bidding deposit in place • Deposits only via wire transfer

  9. Tax Deed Sale Process • Usually held on Thursdays at 10 a.m. • Bid on properties prior to auction but can also bid during auction • Winning bidder’s deposit taken immediately • Bidder must finalize payment within 24 hours or lose deposit. Property will be sold again • Tax Deed issued to winning bidder after full payment

  10. Tax Deed Sales on www.occompt.com

  11. Tax Deed Sales Disclaimer

  12. Tax deeds search

  13. Review Property Information Report

  14. Review Property Information Report

  15. Realauction’s website https://orange.realtaxdeed.com

  16. Calendar view of auctions

  17. https://ocfl.maps.arcgis.com/

  18. Tax Deed Auctions • Often promoted as “easy money” • No guarantees on what they are getting • Buyer beware - no clear title – no warranty • Government liens like Code Enforcement remain on property • No changing their mind after winning bid

  19. Office Policy • Section 2.02 of our Personnel policies prohibit staff from participating • Applies to spouses and dependents, also

  20. Lawsuits • Can happen if we make mistakes or not! • 2014-CA-011926-O Appellate Case 5D-16-4258CASES CLOSED • Bin Lin (entered as Lin Bin) • Forward order did not recognize Lin Bin

  21. Lawsuits, cont. • 2016-CA-001054-O • FettouhCehrifa Ibrahim Aboul, a doctor residing in Egypt • Did not update her address • This case is still pending; trial period begins 10/15/2018

  22. Questions?

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