HEA 1536 Summary

• Requires county auditor to deliver certificate of sale to purchaser or county immediately after tax sale payment or county lien acquisition, containing property description, owner name, mailing address, purchaser name, sale date, sale amount, minimum bid, redemption expiration date, court cause number, and street address or common description.

• Establishes 120-day redemption period (instead of standard period) when county executive assigns certificate of sale to political subdivision, with assignee required to transmit required notices within 90 days of assignment.

• Allows assignee to petition court for tax deed no later than 90 days after redemption period expiration if property is not redeemed.

• Requires court to enter order directing county auditor to issue tax deed within 61 days of petition filing if redemption period has expired, property was not redeemed, taxes and assessments are paid, required notices were given, and petitioner complied with law.

• Imposes 25% penalty on excess purchase price above minimum bid if petitioner fails to provide proper notice; court shall not order return of purchase price if sale is otherwise valid despite insufficient notice.