Each state has different rules for this. Here at least there are sheriff sales and master comissioner sales which are essentially the same thing. If you have an unpaid tax bill with a lein on property, or have a court ordered payment that hasnt been received then the property or tax bill is advertised for sale for 2 weeks in the local paper. Then the sheriff or court comissioner sells the item at 10 am on the steps of the courthouse to the highest bidder. If you are the person who has been awarded damages are the high bidder you now posess the property in question and can have the 'former' owner evicted.
I've had to use the provision on occassion to sell horses that people have boarded and failed to pay their bill. It gives me legal title to the animal to then sell as I can.
If its a tax bill or something it pays 12 percent interest from the day you purchase the bill until the property is sold. It usually takes another 2 years or so of legal action to get the property auctioned.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
