Arizona Revised Statutes Title 42 — Taxation
A.R.S. § 42-18116
Payment; resale or recovery on reneged bid; processing fee
42-18116 . Payment; resale or recovery on reneged bid; processing fee A. The purchaser of a tax lien shall pay the purchase price in cash at a time the county treasurer determines but within fifteen days after the close of the sale. B. If the purchaser fails to pay the amount due:
# 1.
The county treasurer shall resell the tax lien if the sale has not been closed.
# 2.
If the sale has been closed, the treasurer may either:
# (a)
Recover the amount bid by civil action in a court of competent jurisdiction.
# (b)
Prohibit the purchaser who failed to pay the amount due from purchasing tax liens from any county in this state for a period of not more than one year. C. The purchaser shall pay a processing fee of not more than $10 per tax lien. The treasurer shall deposit monies collected pursuant to this subsection in the taxpayers' information fund established by section 11-495.
Source: view the official text
In this chapter (40 sections)
- 42-18057 · Payment of tax by part owner; lien for contribution;…
- 42-18058 · Collection and payment of tax on livestock in feedlot or…
- 42-18059 · Payment of tax on property sold at judicial sale or by…
- 42-18060 · Lien of fiduciary paying tax
- 42-18061 · Refund of overpayment due to change in tax roll; reversion…
- 42-18101 · Sale and foreclosure of tax liens; effect of insubstantial…
- 42-18102 · Delinquent tax record
- 42-18103 · Notice of delinquent taxes
- 42-18104 · Taxes for which lien may be sold
- 42-18105 · Limitation on sale for unpaid tax; exceptions
- 42-18106 · Delinquent tax list and notice of sale
- 42-18107 · Additional penalty on listed property
- 42-18108 · Personal notice of proposed sale
- 42-18109 · Publication and posting of list and notice
- 42-18110 · Affidavits of posting and publication
- 42-18111 · Parcels; property description; designation of owner…
- 42-18112 · Time of sale
- 42-18113 · Procedure in the case of no bid; assignment to state
- 42-18114 · Successful purchaser
- 42-18115 · Easements and liens not extinguished by sale
- 42-18116 · Payment; resale or recovery on reneged bid; processing fee
- 42-18117 · Record of tax lien sales
- 42-18118 · Certificate of purchase or registered certificate; form;…
- 42-18119 · Certificate of purchase as evidence of valid procedure
- 42-18120 · Duplicate certificate of purchase; fee
- 42-18121 · Payment of subsequent taxes by certificate holder; separate…
- 42-18121.1 · Subsequent purchaser; assignment
- 42-18122 · Resale of tax liens assigned to the state; fee
- 42-18123 · Distribution of monies
- 42-18124 · Compromising taxes, interest and penalties; omission of tax…
- 42-18125 · Erroneous sales
- 42-18126 · Failure to perform duty by county treasurer; classification
- 42-18127 · Expiration of lien and certificate; notice; applicability
- 42-18151 · Who may redeem real property tax liens; persons owning…
- 42-18152 · When lien may be fully redeemed; partial payment refund
- 42-18153 · Amount required for redemption
- 42-18154 · Certificate of redemption; statement of partial payment;…
- 42-18155 · Payment of redemption money to holder of certificate of…
- 42-18201 · Action to foreclose right to redeem; subsequent certificates…
- 42-18202 · Notice