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MS SB2421
Bill
AI Summary
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Establishes expedited quiet title and foreclosure procedures for municipalities to acquire tax-forfeited properties within their limits for rehabilitation of abandoned, uninhabitable, or blighted property.
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Requires municipalities to conduct good-faith efforts to identify interested parties through signage, deed examination, tax assessor records, voter registration, and Secretary of State searches before filing petition.
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Requires notice to interested parties at least 15 days before hearing via certified and regular mail, property posting, and publication if necessary; hearing must occur within 30 days of petition filing.
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Upon judgment, vests fee simple title absolutely in the municipality and extinguishes all liens, ownership interests, and redemption rights, except recorded easements, deed restrictions, and environmental law restrictions.
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Allows appeal to Mississippi Supreme Court within 5 days; appellants must post a bond equal to redemption amount; appeals decided within 14 days without oral argument and affirmed unless notice violated due process or property identification is defective.
Legislative Description
Municipalities; establish expedited procedure to acquire and clear title on tax-forfeited lands.
Last Action
Died In Committee
6/9/2020