Any landowner interested shall have the right to pay to the receiver, whether due or not, the amount charged and assessed as a lien on his tract of land at any time before it is sold. In such event the receiver shall issue to him a receipt therefor, which shall discharge such tract of land from the lien and assessment fixed against it and may be recorded by the clerk of said court. In the event of a sale the landowner, the bond and judgment holders, or their agent shall have the right to purchase, and sale shall be made to the highest bidder for cash at public outcry. The receiver shall execute to the purchaser an appropriate conveyance of the tract sold for the amount bid, and such sale shall extinguish all claims and demands of the bond and judgment holders against said land for the benefit assessments for which it is sold, whether for the full amount or not, but shall not affect the lien of the bond and judgment holders for any benefit assessments not due.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.