HB458 Summary

• Authorizes Class 2 municipalities to file expedited quiet title and foreclosure actions in circuit court for abandoned tax sale properties purchased from the State Land Commissioner within municipal limits.

• Municipalities must record a notice of intent in probate court and make good faith efforts to identify interested parties by posting signs (4'x6' for minimum 30 days), examining recorded deeds and tax records, and searching voter registration and Secretary of State records.

• Requires municipalities to send notice by certified and regular mail at least 30 days before hearing and post notice on the property; interested parties may redeem property by paying all taxes, interest, penalties, and fees under Chapter 10, Title 40.

• Circuit court judgment vests fee simple title absolutely in the municipality, extinguishes all liens and ownership interests (except recorded easements, deed restrictions, and environmental law restrictions), and must be entered within 10 days of hearing.

• Appeals to Court of Civil Appeals must be filed within 42 days and require posting a bond equal to redemption amount; circuit court orders affirmed absent defects in property identification or notice depriving parties of due process.