House Bill 1267 Summary

• Amends North Dakota Century Code section 57-28-20 to clarify the disposition of proceeds from tax lien foreclosure sales of property.

• County treasurers must issue tax receipts beginning with the earliest delinquent year, including taxes, penalties, and interest, with different procedures for property sold outright versus sold under contract.

• County must retain excess proceeds for 90 days following the sale date, then distribute them to the record title owner if an undisputed claim is submitted, to the district court clerk if disputed claims are submitted, or to the unclaimed property administrator if no claim is submitted within 90 days.

• Requires counties to aggregate outstanding taxes, penalties, interest, and sale proceeds when an owner has multiple parcels subject to foreclosure to determine total excess proceeds available for distribution.

• Cities or counties acquiring tax deeds must make reasonable efforts to sell property for amounts necessary to satisfy outstanding taxes, penalties, and interest owed, with remaining proceeds distributed according to the statute.