Mississippi Supreme Court Rules on Damages Owed Purchaser of Voided Property Tax Sale
Mississippi Supreme Court Rules on Damages Owed Purchaser of Voided Property Tax Sale
The Mississippi Supreme Court affirmed in part and reversed and rendered in part a lower court’s judgment regarding the damages owed between a homeowner and the property tax sale purchaser after a tax sale of the property was voided. The court found the tax sale purchaser was owed the tax sale purchase price plus statutory interest and taxes paid, while the homeowner was entitled to a set-off for rent collected by the purchaser, resulting in the purchaser owing the homeowner the net amount of $1,042.68. The court found the purchaser was not entitled to the cost of repairs, improvements, or ...
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Source : Bloomberg Tax
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