Chapter 10Foreclosure of Reassessment Lien
Section § 9350
If someone doesn't pay a reassessment, or any part of it, including interest, penalties, and other charges related to city laws, it can be collected by the city. This must happen within four years of the final payment due date. The city can take legal action in superior court to collect by foreclosing on the lien, meaning the city can sell the property to recover the debt.
Section § 9351
This law states that if a piece of land has been repossessed due to unpaid taxes, the process for foreclosing a lien due to reassessment (a new tax valuation) is the same as for any other property.
Section § 9352
This law allows a city to file a lawsuit to collect unpaid reassessment installments. The city can do this at any time up to four years after the last delinquent payment was due or will be due.
Section § 9353
This section outlines what must be included in a complaint when seeking to collect reassessments related to refunding bonds for public improvement work. It's important to state the date the legislative body decided to refund the bonds and that a reassessment was made and recorded. The complaint should also describe the property reassessed and detail the bonds issued against it, specifically the date, interest rate, and final installment period, but not the bond's amount or denomination. Lastly, it should mention any unpaid amounts due on the reassessment and indicate that the legislative body has initiated foreclosure actions.
Section § 9354
This law explains that when a court decides the costs in a case, those costs can include attorney’s fees, interest, penalties, and other related expenses. Once the court decides on these amounts, they will be added to the final judgment in the case.
Section § 9355
This law states that any penalties, costs, and interest related to a legal matter must be calculated up until the date a court judgment is made.
Section § 9356
This law allows a court to place a lien on a piece of land that has been reassessed, based on the amount specified in a judgment. The court can also order the land to be sold to satisfy that judgment, similar to how other real estate is sold under legal proceedings.
Section § 9357
If a case is appealed, the appellate courts have the same authority as the superior court to decide on and enforce a lien, meaning they can order the sale of property to satisfy the lien.
Section § 9358
This law section states that foreclosure actions are guided by the rules in this chapter, and, if there's no conflict, also by other state codes.
Section § 9359
When a foreclosure action is ordered, the tax collector is credited with the amount linked to the reassessments for the case. After this, the tax collector has no further responsibilities concerning those reassessments.
Section § 9360
If there is a legal action to enforce the lien of a reassessment, the associated refunding bond serves as undeniable proof that the reassessment process and the reassessment itself were conducted properly and are valid.
Section § 9361
This law allows a city to pay county or other taxes on a property to protect its interest if there is an overdue reassessment on that property.
Section § 9362
If a property is sold due to foreclosure on a reassessment lien, the buyer will own it without any additional claims. However, this does not include taxes and special assessment liens that are legally equal to or more important than the reassessment lien.