Bidding Rules

Kent County, Maryland
2021 Tax Lien Sale
(for Tax Year 2020 and prior)

TAX SALE NOTICE

TAX SALE INFORMATION & CONDITIONS OF SALE

SUMMARY OF IMPORTANT INFORMATION

 

Tax Sale Notice

By virtue of the authority vested in me as Chief Finance Officer for Kent County, I will proceed to sell the following described properties at the 2021 Kent County tax sale online at https://kent.marylandtaxsale.com/ beginning Thursday, May 13th, 2021 at 10:00 am ET and ending Thursday, May 13th, 2021 at 1:30 PM ET, until all properties in said Kent County, upon which taxes fees and utilities are due and unpaid, for the tax years 2020 and prior, are sold.

Online Registration is required to bid at said Tax Sale.  Online Registration will begin at 9:00 AM ET on Thursday, April 22nd, 2021 and end at 4:00 PM ET on Tuesday, May 11th, 2021.  There will be no registration fee required to participate in Kent County's Tax Sale.

The Kent County Tax Sale will be conducted in accordance with the provisions of the Annotated Code of Maryland, Tax-Property Article, Section 14-817 “Sale at Public Auction”.  The Collector will establish a high bid premium to be applied to all properties to be sold at the Tax Sale as defined under Section 14-817.

 

High Bid Premium Calculation Example:
Opening Bid:   $   1,000.00
     
High Bid Premium:    
Assessed Value: $100,000.00  
40% Assessed value ($100,000 x .40) $ 40,000.00  
     
Bid: $ 50,000.00  
Less 40% Assessed Value: $ 40,000.00  
Total: $ 10,000.00  
     
20% Premium ($10,000 X .20):   $  2,000.00
     
Total Payment:   $  3,000.00

 

Bidders are on notice that the possibility exists that a certificate purchased at the Tax Sale may, upon subsequent inquiry, be determined to be invalid.  In the event that a Certificate of Sale is subsequently invalidated, the purchaser will receive a refund of the amount paid at Tax Sale, but will receive NO redemption interest, or reimbursement of attorney fees, title search or other cost.  In the event of a valid redemption, the purchaser will be refunded sums pursuant to the Certificate of Sale.

The following properties in case of failure of payment of all sums due thereon (taxes, utilities, fees, interest and costs), before the said day of sale, will be sold by the Collector as authorized by TITLE 14 TAX PROPERTY ARTICLE SUBTITLE 8, to the highest bidder for Cash on the day of sale.

Patricia Merritt, Chief Finance Officer
Kent County, Maryland

 

 

2021 TAX SALE INFORMATION & CONDITIONS OF SALE

The 2021 Real Estate Tax Sale will be Thursday, May 13th, 2021 at 10:00 AM online at https://kent.marylandtaxsale.com/.

Opening Bids – The opening bid will be the total amount of taxes listed in the Kent County News advertisement, (which consists of any combination of County & State, Town, Water & Sewage, and Special Assessments), plus accrued interest, advertising costs, and cost of sale. Any portion of the opening bid amount attributable to a Housing Improvement Loan, will be suspended, and the bidder will only have to pay the taxes, utilities, sale fees, and special assessments.

High Bid Premium - The sale will be conducted using a High Bid Premium pursuant to Tax-Property Article Section 14-817 (b) (2). The High Bid Premium shall be equal to 20% of the amount by which the highest bid exceeds 40% of the properties full cash value. The High Bid Premium is due on the day of the sale and will be returned without interest upon redemption or foreclosure of the right of redemption.

Payments - The purchaser must make payment of the opening bid (less any portion of the bid attributable to a Housing Improvement Loan) and the high bid premium if applicable. The full bid price is not required at this time. Wire payments must be initiated and sent to the county by 6:00 PM ET on 05/14/2021.

Redemptions - The current owners have the right to redeem their property until the time proceedings are started to obtain a deed. If the property is redeemed, you will receive a check as a reimbursement of the amount you paid plus interest, from the month of the sale, through the month of redemption. Redemption interest rate is 0.833% per month or portion of a month.

Legal Fees - Upon notice of intent to redeem, buyer shall submit to the Collector of Taxes an itemized list of expenses within five days of the date of notice. Failure to do so shall constitute a waiver of a claim to any expenses. The buyer will not be reimbursed for any expenses incurred during the four-month period following the tax sale.

Civil Proceedings - You may start your civil proceedings to obtain a deed six months from the date of the sale, however, it must be started within two years. At such time, contact your attorney. The Kent County Office of Finance has no information as to the legal costs of obtaining a deed. The Collector of Taxes must be notified at the time foreclosure proceedings are instituted. If you fail to start your proceedings within the proper time period, your certificate of sale is null & void, thereby forfeiting the money you paid at the sale.

Deed Execution - When a deed is executed, the following charges are due and must be paid prior to transferring the property to the purchaser. This process must be completed within 60 days of the final judgment being ordered.

1. Difference due between the bid price and the amount paid the day of the sale.
2. Any property taxes, notary fees, and utilities pertaining to the property that have accrued.
3. Town Utilities outstanding are also due at this time but must be obtained from the incorporated towns.

* It is the responsibility of the purchaser or their representative to obtain the amounts and to bring these charges current at the time of transfer.

By registering to bid each bidder hereby accepts the foregoing terms of sale, with the intention to be bound, and hereby declares and affirms, under the penalties of perjury, that the information and representations set forth herein and provided to the county are true and correct.

 

 

Summary of Important Information

 

  Bidder Accounts  
  Allow foreign bidder registrations     No
  Single simultaneous bidder rule     No
 
  Auction Information  
  Bidding style     Direct Bid Auction
  Live Bidding or Sealed Bidding Open Live Bidding
  Maximum High Bid No
  High-Bid Premium Yes
 
  SubAccounts  
  Allow sub-accounts     No
  Automatic certificate rollup / rollup fee   --- ---
 
  Auction Dates and Times  
  Registration begins (site opens)**     04/22/2021 at 9:00 AM ET  
  Registration fees and Budgets begin     04/22/2021 at 9:00 AM ET  
  Bidding begins     05/13/2021 at 10:00 AM ET  
 
  Registration fees end       05/11/2021 at 4:00 PM ET   
  Participation Requirements  

    Set a budget  
  

  Participation Requirements Due Date     05/11/2021 at 4:00 PM ET   
  Registrations end     05/11/2021 at 4:00 PM ET   
   
  First batch closes     05/13/2021 at 10:30 AM ET   
  Batch closing interval     30 Minutes
  Last batch closes     05/13/2021 at 12:00 PM ET  
   
  Auxiliary batch opens     05/13/2021 at 1:00 PM ET  
  Auxiliary batch closes     05/13/2021 at 1:30 PM ET  
   
  Payment due date     05/14/2021 at 6:00 PM ET   
 
  Budget, Deposit and Payment Information    
  Deposit or Budget required (% of estimated winnings)     100%
    
  Registration Fee     $0.00
  Registration Fee Refundable      No
  Registration Fee Applied to Winnings      No
   
  Deposit / Payment types acceptable:   Deposits Payments
      Budget    Yes ---
      ACH    No No
      ACH auto-debit final payment    --- No
      Wire transfers   No Yes
      Counter payments   No No
 
  Redemptions available via ACH?   No
 
  Public Access  
  Public computers available?   No
 
  ** Subject to change. The site will open when approved by the County.  

 

For an explanation of any of the terms above, please visit the FAQs.

 

 

Loading State Data...


Tooltip Help Management

If you are already familiar with our system, you may disable tooltips.

Disable tooltips just for this page.
Disable tooltips site-wide.