PROPERTY SALE RULES AND PROCEDURES
This auction is scheduled in compliance with Public Act 123, General
Property Tax Act, more specifically MCL 211.78 (m), all applicable court
decisions, and these Rules and Regulations. Any announcements made by the
auctioneer on the day of the property sale take precedence over
previously published or verbally conveyed terms and conditions. Bidders must
be attentive at the auction!
recommended commencing October 28, 2009.
Register day of sale 9:00 a.m.
at auction location if not already pre-registered.
No bids accepted
unless bidder is registered and received a pre-numbered bid card.
Driver’s license or State ID number
REQUIRED to register.
Sale begins at
10:00 a.m. on November 4, 2009.
- MINIMUM BID PRICE
Price is shown on the list.
No sales can be made for less than the
minimum bid price indicated.
Any registered person may
bid on the properties offered.
Any person unable to attend the sale can
be represented at the sale by an agent or other representative with
authority to bid and otherwise represent the person.
bidder is legally and financially responsible for all parcels bid upon
whether representing yourself or acting as an agent.
Each sale unit
will be offered in the order appearing on the list. Each sale unit
may be offered separately or in
combination with an adjoining parcel and will be
sold in whichever manner brings the highest total price.
will be awarded to the individual bidding the highest amount, equal to or greater than the minimum bid.
An oral bid accepted at public action
is a legal and binding contract to purchase a parcel.
No sealed bids
will be accepted and the Hillsdale County Treasurer reserves the right to reject any or all bids. BIDS WILL BE ACCEPTED IN INCREMENTS OF $25.00 OR MORE STARTING WITH THE INDICATED MINIMUM BID. ONCE THE BID IS $5,000.00
OR MORE, ALL BIDS MUST BE IN INCREMENTS OF $100.00 OR MORE.
Bids must be
in whole dollar amounts.
- TERMS OF SALE
Properties are sold on
an as-is basis.
A down payment of 25% is required on all parcels that are
not paid in full on the day of the sale.
Full purchase price must be
paid by 5:00 p.m. on November 5, 2009.
Bidder is responsible to already
have acceptable funds available for payment.
Only Cash or Cashier’s
Checks or a Wire Payment to our bank are accepted as payment.
checks, business checks, money orders or charge cards will be accepted.
On any parcel or combination of parcels where the total selling price is
$10,000.00 or more, we will give the bidder an additional fourteen (14)
days to pay the 75% due on the balance of the purchase. We will require a
letter of credit from your bank or brokerage firm to confirm you qualify
for this extension of time to pay the balance of your purchase. The
letter of credit must be presented when you make the 25% down payment on the
day of the auction. Bidders who qualify for the 14 day extension and fail
to pay in full by November 18, 2009 will forfeit their down payment,
all rights to the property bid upon and will be banned from bidding at
all future Hillsdale County land auctions.
All pre-issued cashier’s
checks should be made payable to the bidder, and may be signed over to
the Hillsdale County Treasurer for successful purchases. The Hillsdale
County Treasurer will issue checks back to buyers who owe less than the
amount of the pre-prepared cashier’s checks. Cashier’s checks retrieved
for the exact amount during or after the auction should be made payable to
the Hillsdale County Treasurer. All monies paid and all properties bid
upon will be forfeited if the purchaser fails to consummate any part of
any purchase by 5:00 p.m. November 5, 2009. Bidders who fail to consummate
a purchase by 5:00 p.m.
November 5, 2009 will be banned from bidding at
all future Hillsdale County land auctions. This deadline does not apply
to those buyers who qualify for the 14 day payment extension.
COUNTY TREASURER RESERVES THE RIGHT TO CANCEL THE SALE, AT ANY TIME.
Any announcements made by the auctioneer on the day of the sale take
precedence over previously published or verbally conveyed terms and
conditions. Bidders must be attentive at the auction!
- PROPERTIES OFFERED
The properties were foreclosed for delinquent real
property taxes and are offered for sale as required by state law and
order of the Circuit Court for the 1st Circuit, State of Michigan.
Under state law:
- Redemption rights to the properties have
- All prior recorded and unrecorded interest in the properties
were extinguished by court order, except visible or recorded easements or rights-of-way, private deed restrictions, or certain other restrictions or governmental interest in the properties imposed by the State of Michigan.
- All liens against the properties under Michigan law, except for future installments of special assessments and certain liens recorded by the State of Michigan were cancelled.
- Subject to these exceptions, fee
simple title to the properties has vested in the Hillsdale County
The properties are offered for sale
as-is. The Hillsdale
County Treasurer makes no representations or claims regarding the
property, including, but not limited to, fitness for purpose,
ingress/egress conditions, covenants, or restrictions.
remain subject to any applicable state, county or local zoning or building codes or ordinances.
The Hillsdale County Treasurer does not
guarantee the usability or access to any of the properties. It is the
responsibility of prospective purchasers to do their own research as to
the use of the properties for their intended purpose and to make a
personal inspection of the property to determine if it will be suitable for the purpose for which it is being purchased. Occupied structures may not be entered without the occupant’s permission. Secured vacant structures may not be entered.
The properties may be subject to flooding. Any new
construction or reconstruction should be elevated above the 100-year
flood plain. Also, any filling, dredging or other permanent construction
below the ordinary high-water mark of the water body involved, or earth
change may be subject to restrictions under state law. The properties may
also be subject to wetlands protection under Part 303 the Natural
Resources and Environmental Protection Act, 1994 PA 451, as amended.
- PURCHASE CERTIFICATES
Successful bidders will be issued a receipt for
their purchases, upon payment.
Purchasers will be entitled to deeds for
the property descriptions identified by the assigned sale unit numbers
noted on the purchase certificates.
- TITLE BEING
Quit claim deeds will be issued conveying only such title vested
in the County Treasurer through tax foreclosure under state law.
insurance companies may or may not issue title insurance on properties purchased at this sale.
County Treasurer makes no representation as to
the availability of title insurance.
UNAVAILABILITY OF TITLE INSURANCE IS
NOT GROUNDS FOR
RECONVEYANCE TO THE COUNTY TREASURER.
a purchaser may incur legal costs for a quiet title action to satisfy the
requirements of title insurance companies in order to obtain title insurance.
- DEFERRED ASSESSMENTS AND DISCLOSURES
assessments that are reported to the County Treasurer when it acquires title to tax-reverted parcels are included in the minimum bids.
Purchasers may be responsible for deferred assessments that were not
reported to the County Treasurer.
- POSSESSION OF PROPERTY
purchaser should take physical possession of any property bid upon at this sale until a deed has been executed and delivered to the purchaser.
should be taken to protect your equity in property purchased by securing vacant structures against entry and obtaining insurance for property with buildings.
Buyers are responsible for contacting local units of government
to prevent possible demolition of structures situated on parcels.
Buyers are responsible for eviction of anyone currently occupying the
Purchaser accepts the premises in its
present as-is condition, and releases the Hillsdale County Treasurer from
all liability whatsoever arising from any condition of the premises,
whether now known or subsequently discovered.
Including but not limited
to all claims based on environmental contamination of the premises.
A person who acquires property that is contaminated (a facility
pursuant to Section 20101 (1) (I) of the Natural Resources and
Environmental Protection Act (NREPA), 1994, P.A. 451, as amended) as a
result of release(s) of a hazardous substances(s) may become liable for
all costs of cleaning up the property and any other properties impacted
by the release(s). Liability may be imposed upon the
person acquiring the
property even in the absence of any personal responsibility for, or
knowledge of, the release. Protection from such liability may be obtained by conducting a Baseline Environmental Assessment (BEA) as provided for under
Section 20126(1) @ of NREPA. However, the BEA must be conducted prior to
or within 45 days of the earliest date of purchase or occupancy of the
Persons who acquire contaminated property may have due care
obligations under Section 20107 a of NREPA even if they conduct a BEA and
are not liable for the contamination.
Pursuant to Part 102 of the
NREPA, the person(s) responsible for an activity causing a release at the
property is obligated to pursue response activities at the property.
Pursuant to Part 201 of the NREPA, the person(s) responsible for an activity
causing a release at the property is obligated to pursue response
activities at the property.
Consequently, the non-liable purchaser may be
required to provide access to a liable party to conduct response
activities at the property in the future.
Section 20116 of the NREPA
requires that a person who has knowledge that their property is
contaminated provide a written notice to the purchaser or other person to which the property is transferred which discloses the general nature and
extent of the release. Additional disclosure obligations may also apply
at the time the property, or an interest in the property, is transferred.
Accordingly, the County Treasurer recommends that a person who is
interested in acquiring tax-reverted property contact an attorney or an
environmental consultant for advise prior to the acquisition of any
tax-reverted property that may be contaminated.
- QUIT CLAIM
Executed, delivered and filed within thirty (30) days of sale by
the Hillsdale County Treasurer.
Quit Claim Deed Information Form must
be filled out completely to ensure that quit claim deed is sent to the
County Treasurer is required under state law to charge a
fee for recording a quit claim deed to property sold at the auction. We
will add a $20.00 preparation fee for each parcel sold.
- PROPERTY TAXES AND SPECIAL ASSESSMENTS
Purchasers are responsible for
2009 Winter Taxes billed December 1, 2009 and/or any special assessments
which may be added to the 2009 Winter Tax Bills. The 2009 Summer Tax
bills on these parcels were paid by the Hillsdale County Treasurer and are
included in the minimum bid price on each parcel.
* Purchaser must
contact local unit (city, township, village) for amount due and to ensure correct mailing address for tax bills, etc.