§ 44-9-36 - Sale by city or town treasurer without foreclosure.

SECTION 44-9-36

   § 44-9-36  Sale by city or town treasurerwithout foreclosure. – After one year from the purchase by a city or town of any parcels of land fornonpayment of taxes, if the treasurer is of the opinion that the parcels are ofinsufficient value to meet the taxes, interest, and charges and all subsequenttaxes and assessments, together with the expenses of a foreclosure under §44-9-25, and that the facts essential to the validity of the tax title on thelands have been adequately established, he or she may sell all the parcels,severally or together, at public auction to the highest bidder, first givingnotice of the time and place of sale by publication in some public newspaper atleast once a week for three (3) successive weeks before the sale, the firstpublication of which shall be at least twenty-one (21) days before the day ofsale, including the day of the first publication in the computation. Thetreasurer at the auction may reject any bid which he or she deems inadequate.The treasurer shall execute and deliver to the highest bidder, whose bid hasnot been rejected as inadequate, a deed without covenant, except that the salehas in all particulars been conducted according to law. The deed shall not bevalid unless recorded within sixty (60) days after the sale. Title takenpursuant to a sale under this section shall be absolute upon the recording ofthe deed of the treasurer in the proper registry of deeds within sixty (60)days (Forms 11 to 13).