OKLAHOMA COUNTY TREASURER'S OFFICE
JUNE RESALE INSTRUCTIONS/GUIDELINES

ALL RESALE BIDDERS MUST BE 18 YEARS OF AGE OR OLDER, IN ORDER TO BID ON PROPERTY.

Bidders can pre-register in the County Treasurer's Office May 23 through June 9, 2005. We will accept cash to be placed on trust deposit in our office during pre-registration. If you pre-register you will be given your bidder card at the actual resale. On June 13, 2005, registration will continue at the sale location beginning at 8:00 a.m.

1. The 2005 Resale will be held at the Oklahoma County OSU Extension Center, 930 N. Portland beginning on June 13, 2005.
   
   
2. YOU MUST HAVE CASH AT THE TIME OF THE SALE. YOU CAN NOT LEAVE TO GO GET CASH.
   
   
3. The Resale will continue from day to day between the hours of 9:00 A.M. and 4:00 P.M. until completed, recessing each day for lunch at 11:00 A.M. to 1:00 P.M.
   
   
4. All Successful Bids include the amount bid and any other taxes, cost, abstract fee, and Resale advertising. Once property is auctioned off, sale will stop. The bidder then pays for property by cash. The sale of property will continue once all transactions are complete.
   
   
5. Deeds on Property sold will be sent to the successful bidder after the same has been filed with the Registrar of Deeds in the County Clerk's Office. The Treasurer shall collect $10.00 for each deed issued and an additional filing fee of $15.00. Receipt must be submitted to the County Treasurer's Office before the recorded deed will be given.
   
   
6. If any person is bidding for someone else or in the name of any firm or corporation, it should be so reported to the Clerk of the Resale as the Deed form prescribed by the State Statutes require such information.
   
   
7. All property must be sold for a sum not less than two-thirds of the assessed value of such real estate as fixed for the current fiscal year, or for the total amount of taxes, penalties, interest and cost due on such property, whichever is the lesser. However, all statutory fees, costs due to advertising, abstracting and treasurer's cost will be due in addition to the final bid. If there is no bid, a deed will be issued to the County, but the County cannot bid.
   
   
8. **In accordance with court decisions, and not Statutory Law, Tax Deeds only affect satisfaction of the taxes as listed in the official Resale Advertising publications. Other classes of Taxes are not affected and all Taxes of every nature are to be paid in addition to the amount bid for any properties in the Resale. We will attempt to advise you of all types of Taxes that the Treasurer's Office knows are delinquent and payable at this time, but we will not guarantee the amount. A Resale Deed will not affect future installments as they become due on special assessments; such as paving, sewer, water, or any other lawful tax.
   
   
9. The County Treasurer's primary function is tax collection. We make every effort to see that Tax Deeds, are issued in accordance with the Statutes, but the buyer assumes all responsibility and liability on purchase.
   
   
10. Each buyer is responsible for knowing what property is bid upon and each property should be inspected by the buyer prior to entering a bid upon it.
    
    
11. Each bidder should research the records and inspect the property which they are considering prior to entering a bid. Some federal, state and city liens may still exist and be valid against the property.
    
    
12. All property, although listed by publication for sale, upon which the taxes have been paid will not be called. Bidding will open and properties as listed in the newspaper will be sold in account number order.
    
    
13. No smoking or food allowed.
    
    

** Notice: While the Treasurer's Office makes every effort to ensure the correctness of the information, any error contained herein does not constitute a waiver of any tax amounts by or for the County Treasurer 's Office or the Taxpayer.

Oklahoma County 2005 Resale Publication.