| Show commission gives facts concerning tax sale person lerson claiming ownership before reversion to county has preferred repurchase rit right deseret news concerning the sale eale of property in the counties of the swe state for delinquent lin quent taxes tor for any of the yeara 1928 1929 1930 and 1931 tle state tax commission today gave out information for the benefit ot the original owners setting forth regulations under tinder which they may ay repurchase property that has been taken over by the state the laws of utah give the person who owned the property prior to its reversion to the county the preferred right to buy it back at any ally time before the final tax sale by paying the total of all charges standing against it if the property is not re purchased before the sa sale date by the last person who owned it it is offered for or sale to the public irwin it win arnovitz chairman of the state tax commission said today it i pias become apparent that some per tons sons have the idea that at the public so sole saie le the property will be sold to tho the person or persons bidding the largest amount of money that continued to back page commission GIVES FACTS CONC TAX S SALE continued continue d from trout treat pa page go however is not the case mr arnovitz said the co county anty treasure cannot sell the property unless the person interested in purchasing iut it bids an amount equal to the accumulated taxes penalty interest and costs ats if there are two or rocie mete bid dra at at the sale lute rested in the same piece ot of property that bidder Is considered to be the highest who otters the rull full mount amount a of the taxes penalty interest and costs tor for the smallest piece ot of property for example I 1 it Is the total amount ot the tax lax interest penalty and costs against a piece ot of property that is 10 rods square that Is the amount that mut be paid to redeem the property it if a prospective purchaser at the sale will pay for one halt half of 0 the property then chait person is the highest bidder and his bid will be accepted unless another bid is or a smaller portion ot of the property and so on the remaining land reverts I 1 1 to the original owner because the county has realized an amount clent to pay the taxes penalty in terest and costs from the sile sale ol 01 the portion of the property ed in the bid and that is all the state slate wants thus the former owner in bidding against other prospective purchasers may not increase the price all but may decrease the size of the property tor for which he will give the amount held against the entire piece if he be Is outbid for a small corner of his property by one willing to pay the claim or of the county against the entire property he for feits that but the rest ot of tile the property becomes his |
