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Session Laws, 1975
Volume 716, Page 4910   View pdf image
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4910

MUNICIPAL CHARTERS

[(e). Payment prior to sale. At any time before the
ratification of the sale of real or leasehold property,
the person charged with the taxes under which sale was
made, or such person's heirs, personal representatives or
assigns, or his, her or their agent or attorneys, or any
mortgagees or other lien holders, may pay to the
purchaser, his heirs or assigns, the amount paid to the
clerk for taxes, interest, costs and expenses as
aforesaid, with interest thereon from the day of sale at
the rate of fifteen per cent (15%), and such payment
shall render the sale null and void, and such payment
shall be an absolute bar to the ratification of the sale,
upon payment as aforesaid, the purchaser, his executors,
administrators or assigns, shall execute a deed or
release, which shall be recorded as a deed of real
estate.]

[(f). Ratification. Twelve months after the date of
sale, or as soon thereafter as may be reasonably
convenient, the clerk shall, under oath, report the said
sale, together with all the proceedings had in relation
thereto, to the Circuit Court for Dorchester County. The
court shall examine the said proceedings and, if the same
appear to be regular and the provisions of the law in
relation thereto have been substantially complied with,
the court shall order notice to be given by
advertisement, published in such newspaper or newspapers
as the court shall direct, warning all persons interested
in the property sold to be and appear by a certain day in
the said notice to be named, to show cause, if any they
have, why said sale shall not be ratified and confirmed;
and, if no cause or an insufficient cause be shown
against said ratification, the said sale shall, by order
of said court, be ratified and confirmed, and the
purchaser shall, on payment of the balance of the
purchase money, have a good title to the property sold;
and the clerk and president of the Board of Commissioners
shall execute an appropriate deed for such property and
all right, title and interest of all persons in said
property shall pass to the grantee in such deed, but if
good cause, in the judgment of said court, be shown, in
the premises, the said sale shall be set aside, in which
case the said clerk shall proceed to a new sale of the
property, and shall bring the proceeds into court, out of
which the purchaser shall be repaid the purchase money
paid by the purchaser to the clerk on said rejected sale,
and all taxes assessed on said property paid by the
purchaser after said sale and all costs and expenses
properly incurred under said sale and in said court, with
interest on all such sums from the time of payment; and
if the purchaser has not paid the purchase money or costs
or any subsequent taxes, said proceeds shall be applied
to the payment of taxes for which said property may have
been sold, and all subsequent taxes due thereon and in

 

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Session Laws, 1975
Volume 716, Page 4910   View pdf image
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