Code of Arkansas Rules Title 26 — Taxation
26 CAR § 400-301
When a parcel becomes eligible for an unsold-property auction
# (a)
# (1)
Thirty (30) calendar days following the initial tax-delinquent property auction, all parcels not sold at the tax-delinquent property auction shall be placed on the unsold-property auction list maintained by the Commissioner of State Lands.
# (2)
This list shall be placed on the Commissioner of State Lands’ website, https://www.cosl.org/https://www.cosl.org/.
# (b)
# (1)
Listing a parcel on the unsold-property auction list does not guarantee availability on the date a bid is received.
# (2)
Parcels may be sold, redeemed, or otherwise removed from the auction list at the Commissioner of State Lands’ discretion.
# (3)
The Commissioner of State Lands has no liability for parcels that appear on the unsold-property auction list that are subsequently not available.
# (4)
Potential purchasers should carefully research the parcels they intend to purchase prior to submitting bids.
# (5)
The Commissioner of State Lands reserves the right to reject any or all offers.
# (c)
The unsold-property auction will be conducted online, and bids will only be accepted online.
Source: view the official text
In this chapter (31 sections)
- 400-101 · Purpose
- 400-102 · Scope
- 400-103 · Definitions
- 400-104 · Parcel offered for sale
- 400-105 · Presale notice
- 400-106 · Redemption notice
- 400-107 · Title being conveyed
- 400-108 · Redemption of tax-delinquent parcels
- 400-109 · Penalties
- 400-110 · Legal action against the conveyance
- 400-111 · Fees
- 400-201 · Registration
- 400-202 · Bidding at tax-delinquent property auctions
- 400-203 · Payment and issuance of limited warranty deed
- 400-204 · Announcements at tax-delinquent property auctions
- 400-301 · When a parcel becomes eligible for an unsold-property auction
- 400-302 · Registration
- 400-303 · Bidding at unsold-property auctions
- 400-304 · Notice of the unsold-property auctions
- 400-305 · Reserve bid amounts
- 400-306 · Payment and issuance of limited warranty deed
- 400-307 · Reporting requirements
- 400-401 · Excess proceeds, distribution, and remainder
- 400-402 · Order of distribution
- 400-403 · Submitting a claim
- 400-404 · Approval of claims
- 400-405 · Period of time for submission of claims
- 400-501 · Additional duties
- 400-502 · Appraisals
- 400-503 · Disposition of state lands
- 400-504 · Deeds to emerged lands