clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1968
Volume 683, Page 403   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

SPIRO T. AGNEW, Governor                        403

interest, penalties and costs of the sale therein, beginning with the
first parcel on said list and continuing on in the order of said list,
from day to day, until all shall have been offered for sale. On said
[first] second Monday in [March] May the Treasurer shall proceed
to make said sale in conformity with said published notice.

20-12.

Should the purchase money for any piece of land sold at tax sale
be more than the taxes, interests, penalties and costs of sale due
thereon, the purchaser thereof shall only pay on the day of sale the
amount of taxes, interest, penalties and costs of sales, and the residue
shall be payable after the period of redemption has expired, to the
Treasurer, for the time being, upon the execution by him to the
purchaser, or his assignee, of a deed for said piece of land, but
possession of the property sold shall not be taken by the purchaser
thereof until the execution and recording of the deed therefor. Upon
payment of the taxes, interest, penalties and costs of sale, which
shall be made on the date of sale, the Treasurer shall deliver to the
purchaser a certificate of sale, setting forth all the facts thereof,
which certificate shall be assignable, and upon surrender of the same,
its lawful holder shall receive from the Treasurer, in case such sale
be set aside by the court, immediate return of his purchase money,
or in case such sale be ratified, and the property not redeemed by its
owner or some one in privity with him, within two years from the
first day of the sale at which the same was sold, to wit, the [first]
second Monday of [March] May, by payment to the Treasurer, for
the time being, for the use of the legal holder of said certificate of
the amount of money receipted for in said certificate, and any taxes
subsequently assessed on said land and paid by said purchaser,
with interest thereon, at the rate of six per cent per annum from
said [first] second Monday in [March] May, then the Treasurer,
for the time being, upon the payment of the balance of the purchase
money in full, shall execute a deed in fee simple of such property to
the legal holder of said certificate, which deed shall be held to be
prima facie evidence of a good title, in fee simple to the grantee
therein, to the property bought at any sale herein authorized and
therein conveyed. In case of redemption, it shall be the duty of the
Treasurer to immediately notify the purchaser by letter, mailed to
him at the address given beneath his signature to the memorandum
of sale, which memorandum is hereby required to be taken by the
Treasurer; and to enter such redemption upon his books and over his
signature, upon the report of sale dealing with the property re-
deemed. The Treasurer shall also deposit the redemption money in
some bank or banks approved by him in the name of the County
Commissioners for Prince George's County which shall be desig-
nated as "Tax Sale Redemption Fund," to be kept separate from the
other funds of the county, and be only payable to the persons en-
titled to the same. A book shall be kept by the Treasurer entitled
"Tax Sale Redemption Fund," which shall show the receipts and
deposits of said fund and payment thereof to those entitled to the
same.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1968.

Approved April 10, 1968.

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1968
Volume 683, Page 403   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives