Tax Sale Bundling Options
This topic contains several combinations of Tax Sale Bundling Options. use the options that best fit your jurisdiction.
|
Auto Bundle Option |
Manual Bundling Option |
Advertising List |
Description |
|
None |
None |
Bundle option not selectable. |
No Bundling functionality supported for jurisdiction |
|
None |
Min bid amounts not summed on Cert |
Bundle option not selectable. |
No Automated bundling will occur, but you are able to bundle in Tax Sale Maintenance. Bundled items are not included in the same certificate. If there is enough overbid, then the overbid amount is used to pay off the delinquent taxes on the bundled items and remove them from the sale. |
|
None |
Min bid amounts summed on Cert |
Bundle option not selectable. |
No Automated bundling will occur, but you are able to bundle in Tax Sale Maintenance. The certificates are a combination of all certificates included in the bundle. |
|
Owner |
Min bid amounts not summed on Cert |
Bundle related items gives options for Owner and None. |
Advertising List Automated Bundling occurs using the Owner Legal Party as the basis for the bundles. The bundling is for tax sale purposes; these items are not sold together. If the overbid is enough, delinquent taxes are paid on items in the bundle and those items are set as not participating. This option combination is typically used in South Carolina. |
|
Owner |
Min bid amounts summed on Cert |
Bundle related items gives options for Owner and None. |
Automated bundling in the Advertising List program uses Owner Legal Party as the basis. The bundled bills are combined into one Certificate. The Min bid amount is a sum of all Min bid amounts. |
|
PIN |
Min bid amounts not summed on Cert |
Bundle related items gives options for PIN and None. |
Automated bundling occurs using the PIN number as the basis for the Bundle. The items are not be sold together. The Delinquent taxes are paid if the Bid is high enough and set to not participating. |
|
PIN |
Min bid amounts summed on Cert |
Bundle related items gives options for PIN and None. |
Automated bundling occurs using the PIN number for the Bundle basis. All bundled PINs are combined into one Certificate to be sold together. This bundling combination is typically used in Iowa. |