Creates and modifies provisions relating to real estate transactions

Summary

SB 973 repeals numerous existing tax‑sale statutes and establishes land‑bank agencies that can take ownership of delinquent parcels, sell them, and handle related tax collection. It also sets new notice, redemption, and penalty requirements for sheriff sales and adds disclosure rules for real‑estate wholesalers. The bill affects counties, cities, land‑bank boards, property owners, and anyone buying or selling tax‑delinquent land.

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