This bill amends the duties of purchasers of property sold by the Auditor for unpaid taxes in West Virginia, specifically regarding the requirements to secure a deed. It introduces a new obligation for purchasers to satisfy any municipal lien of record on the property, as outlined in section 8-12-16, and to provide the Auditor with a certified record of satisfaction from the levying municipality. Additionally, the bill removes the previous requirement for purchasers to provide the Auditor with the actual mailing address of the property subject to the tax lien when it is classified as Class II property.

The bill emphasizes that if purchasers fail to meet these requirements, they will lose all benefits associated with their purchase. It also outlines the process for the Auditor to issue a notice to redeem once the requirements are satisfied and provides a mechanism for purchasers to request an extension if they do not comply within the specified timeframe. Overall, the bill aims to ensure that municipal liens are addressed in the property transfer process, thereby protecting the interests of municipalities and ensuring compliance with local regulations.

Statutes affected:
Introduced Version: 11A-3-52