HB 5640
To provide a tax sale process reform by creating two distinct legal tracks
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill reforms West Virginia’s tax sale process by establishing two separate legal tracks for properties. It aims to preserve protections for owner-occupied homes while strengthening notice requirements and eliminating redemption rights for non-owner-occupied properties. The bill also includes provisions for independent title examinations and limits remedies for failure to provide proper notice. It introduces a prospective application process for tax sales.
Key provisions
- Creates two distinct legal tracks for tax sales: one for owner-occupied properties and one for non-owner-occupied properties.
- Strengthens notice requirements for non-owner-occupied properties, including certified mail and publication.
- Eliminates the right of redemption for non-owner-occupied properties.
- Requires independent title examinations by approved attorneys or title examiners.
- Limits remedies for failure to provide proper notice.
- Mandates a 120-day timeframe for purchasers to secure a deed after sale approval.
- Establishes a process for extending the timeframe to comply with notice requirements if the purchaser fails to do so.
- Specifies requirements for the deposit of funds to cover title examination and notice costs.
Who is affected
- Taxpayers
- Property Owners
- Real Estate Purchasers
- County Boards of Education
- Title Examiners
Notable changes
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yours