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RSA 80:88 · Distribution of Proceeds From the Sale of Tax-Deeded Property

Title
V: TAXATION
Chapter
80 · COLLECTION OF TAXES
Status
current
Official source linked
Yes
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80:88 Distribution of Proceeds From the Sale of Tax-Deeded Property. –

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I.

Notwithstanding any other provision of law, for any sale by a municipality of property which is acquired by tax deed on or after the effective date of this section, the municipality's recovery of proceeds from the sale shall be limited to back taxes, interest, costs and penalty, as defined in RSA 80:90.

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II.

If there are excess proceeds over and above the amount of municipal recovery permitted under paragraph I:

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(a)

Within 60 days of settlement by the purchaser or purchasers of the property sold, the municipality shall file a bill of interpleader with the superior court for the county in which the property is located, naming the former owner or owners, and all persons having a recorded interest in the property as defendants, and paying to the court all amounts over and above those entitled to be retained.

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(b)

The municipality shall also be entitled to retain its reasonable costs and attorneys' fees for the preparation and filing of the petition.

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(c)

The court shall issue such orders of notice as are necessary, and shall make such disposition of the funds as it finds appropriate, based upon ownership and lienholder interests at the time of the tax deed.

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(d)

The municipality shall be deemed to have a continuing interest in said funds, and in default of valid claims made by other parties, such funds shall be decreed to be the property of the municipality, free and clear of any remaining liability.

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III.

No bill of interpleader shall be necessary under subparagraph II(a) if, at the time of the tax deed execution, there were no record lienholders, and only one record owner or joint owners, and such former owner or owners are easily identified and located, in which case the excess proceeds shall be paid to such owner or owners. Source. 1998, 238:2. 2007, 184:1, eff. Aug. 17, 2007.

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Source note

Source. 1998, 238:2. 2007, 184:1, eff. Aug. 17, 2007.

Source history

  • 1998, 238:2
  • 2007, 184:1, eff. Aug. 17, 2007

Related materials

Bill relationships

  • 2026 HB1273 reference

    been recorded by the municipality or its program administrator, and shall have the same lien priority and status as other property tax and special assessment liens as provided in RSA 80. The municipality or any permitted assignee shall have all rights and remedies in the case of default or delinquency in the payment of an assessment as provided in RSA 80 for delinquent property taxes and other delinqu

  • 2026 HB1417 reference · effective 2027-01-01

    eligible low- and moderate-income taxpayers whose property tax liability exceeds a threshold percentage of household income. Deferred taxes shall constitute a lien as provided by RSA 80. IV. Nothing in this section shall limit the use of existing deferral and abatement authorities under RSA 72 and RSA 76. 76:29 Appeals. I. Taxpayers may appeal land value and improvement value assessments as

  • 2026 HB1417-FN reference · effective 2027-01-01

    eligible low- and moderate-income taxpayers whose property tax liability exceeds a threshold percentage of household income. Deferred taxes shall constitute a lien as provided by RSA 80. IV. Nothing in this section shall limit the use of existing deferral and abatement authorities under RSA 72 and RSA 76. 76:29 Appeals. I. Taxpayers may appeal land value and improvement value assessments as

  • 2026 HB1583 reference

    determined by the governing body. III. Special assessments shall constitute a lien on the assessed property, with the same priority and enforceability as property taxes under RSA 80. 52-A:17 Procedure for Establishment. I. Prior to the establishment of an infrastructure-based special assessment district, the governing body shall hold a public hearing on the proposed district, with notice pr

  • 2026 HB1647 add · effective 2027-04-01

    established under RSA 76:13. ?Unpaid taxes due under this chapter may serve as the basis for a lien on the property and be collected in accordance with procedures established in RSA 80. ? XII. Property owners shall notify their local tax assessors in writing within 60 days of any change that would disqualify them from the tax under this chapter. Failure to notify shall not excuse any payment of tax

  • 2026 HB1647-L add · effective 2027-04-01

    established under RSA 76:13. ?Unpaid taxes due under this chapter may serve as the basis for a lien on the property and be collected in accordance with procedures established in RSA 80. ? XII. Property owners shall notify their local tax assessors in writing within 60 days of any change that would disqualify them from the tax under this chapter. Failure to notify shall not excuse any payment of tax

  • 2026 HB1655 reference · effective 2026-07-01

    a lien against land and buildings for unpaid fees owed for waterfront access or deeded water rights to a waterbody impounded by a state-owned dams. Tax liens placed according to RSA 80 shall have priority over department of environmental services liens. The department of revenue services shall administer the collection of fees, interests and liens for waterfront access or deeded water rights to a wat

  • 2026 HB1655-FN reference · effective 2026-07-01

    a lien against land and buildings for unpaid fees owed for waterfront access or deeded water rights to a waterbody impounded by a state-owned dams. Tax liens placed according to RSA 80 shall have priority over department of environmental services liens. The department of revenue services shall administer the collection of fees, interests and liens for waterfront access or deeded water rights to a wat

  • 2026 HB244 reference · effective 2026-07-01

    all be charged on any amount not paid within 30 days after the bill is mailed. The collector shall have the same rights and remedies as in the collection of taxes, as provided in RSA 80. X. A party aggrieved by the judgment of the district court may appeal, within 15 days after the rendering of such judgment, to the superior court. XI. The remedy provided in this section is supplementary to other e

  • 2026 HB572 amend · effective 2025-07-01

    perty owned by the town and managed by the select board that is in their judgment appropriate for development for residential use. No property acquired under tax deed pursuant to RSA 80 shall be added to this list. 3 New Paragraph; Duties of the Planning Board. Amend RSA 674:1 by inserting after paragraph VI the following new paragraph: VII. The planning board may vote to designate any property re

  • 2026 HB572-FN amend

    perty owned by the town and managed by the select board that is in their judgment appropriate for development for residential use. No property acquired under tax deed pursuant to RSA 80 shall be added to this list. 3 New Paragraph; Duties of the Planning Board. Amend RSA 674:1 by inserting after paragraph VI the following new paragraph: VII. The planning board may vote to designate any property re

  • 2026 HB595 reference

    rded by the town, city, or district or its program administrator and shall have the same lien priority and status as other property tax and special assessment liens as provided in RSA 80. The town, city, or district, or any permitted assignee, shall have all rights and remedies in the case of default or delinquency in the payment of an assessment as it does with respect to delinquent property taxes and

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