PROPERTY/IMMOVABLE: Authorizes a political subdivision to sell certain adjudicated property directly to a buyer (EN SEE FISC NOTE LF RV See Note)

Summary

The law lets a political subdivision sell certain adjudicated property straight to a purchaser, but only if the property was offered at a public sale to the highest bidder within the past year. This change streamlines the transfer process while preserving the requirement for a prior public auction. It affects local governments and potential buyers of such properties.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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