Texas 2009 - 81st Regular

Texas Senate Bill SB1469 Compare Versions

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11 81R4103 UM-F
22 By: Davis, Wendy S.B. No. 1469
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the redemption of real property sold at an ad valorem
88 tax sale.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Section 34.21, Tax Code, is amended by amending
1111 Subsection (f) and adding Subsection (f-1) to read as follows:
1212 (f) The owner of real property sold at a tax sale may redeem
1313 the real property by paying the required amount as prescribed by
1414 this section to the assessor-collector for the county in which the
1515 property was sold, if [If] the owner of the real property makes an
1616 affidavit stating:
1717 (1) that the period in which the owner's right of
1818 redemption must be exercised has not expired; and
1919 (2) that the owner has made diligent search in the
2020 county in which the property is located for the purchaser at the tax
2121 sale or for the purchaser at resale, and has failed to find the
2222 purchaser, that the purchaser is not a resident of the county in
2323 which the property is located, that the owner and the purchaser
2424 cannot agree on the amount of redemption money due, or that the
2525 purchaser refuses to give the owner a quitclaim deed to the
2626 property[, the owner may redeem the land by paying the required
2727 amount as prescribed by this section to the assessor-collector for
2828 the county in which the property described has been redeemed].
2929 (f-1) An assessor-collector who receives an affidavit and
3030 payment under Subsection (f) shall accept that the assertions set
3131 out in the affidavit are true and correct. The assessor-collector
3232 receiving the payment shall give the owner a signed receipt
3333 witnessed by two persons. The receipt, when recorded, is notice to
3434 all persons that the property described has been redeemed. The
3535 assessor-collector shall on demand pay the money received by the
3636 assessor-collector to the purchaser. An assessor-collector is not
3737 liable to any person for performing the assessor-collector's duties
3838 under this subsection in reliance on the assertions contained in an
3939 affidavit.
4040 SECTION 2. Section 34.21, Tax Code, as amended by this Act,
4141 applies to a redemption of real property on or after the effective
4242 date of this Act, regardless of whether the property that is the
4343 subject of the redemption was sold for ad valorem taxes under a
4444 judgment rendered or tax warrant issued before, on, or after the
4545 effective date of this Act.
4646 SECTION 3. This Act takes effect September 1, 2009.