Delinquent Property Tax All payments at public auctions must be in the form of a cashier's check, money order, personal check or company check. A letter of guarantee from the issuing bank must accompany personal and company checks at the time of registration. Letters...
Any bidder who does not pay once the auction closes may not participate in any future property tax sales. In addition, the bidder is responsible for all costs, expenses, and attorney fees expended in the collection of uncollected bids.
Delinquent Property Tax The state issues a tax deed equivalent to a quitclaim deed. The deed conveys all of the former owner's interest in the real property as of the date the state's lien for real property taxes arose. This deed is subject only to perfected interests...
Delinquent Property Tax Interest in real property is "perfected" when the deed or lien is recorded with the County Clerk's Office in the county where the property is located. Property Tax Sections 7-35-1 through 7-39-10 NMSA 1978 are the property tax statutes.