Treasurer and Tax Collector

The County of Los Angeles Treasurer and Tax Collector sells properties located in Los Angeles County for which property taxes have not been paid for 3 years or more for non-residential properties and 5 or more years for residential properties. The Public Auctions are open to the public.

DATE OF AUCTION

Date of Auction:	October 17 and 18, 2011
Time:	9:00 a.m.
Auction Site:	Los Angeles County Fairplex 1101 West McKinley Avenue, Building 8 Pomona, California 91768
Contact us:	(213) 974-2045

AUCTION REQUIREMENTS

• Read Terms and Conditions
• Only cash, cashier's check, or bank-issued money order
• All Checks must be payable to the Los Angeles County Tax Collector
• NO personal checks, business checks, two-party checks and checks payable to other than the Los Angeles County Tax Collector
• Must pre-register
• No registration at the auction
• Bids of $5,000 or less must be paid in full at the time of purchase
• Bids $5,001 to $50,000 required a $5,000 deposit per property
• Bids over $50,001, require 10% deposit of the purchase price per property
• All sales are FINAL
• Must conduct your own investigation
• See Terms and Conditions for complete list of requirements

DATE OF REGISTRATION

Date of Registration:	September 6, 2011, through September 30, 2011
Time:	Monday – Friday 8:00 a.m. to 5:00 p.m.
Registration Location:	Treasurer-Tax Collector Tax Defaulted Land Section 225 North Hill Street, Room 130 Los Angeles, California 90012
Contact us:	(213) 974-2040

REGISTRATION REQUIREMENTS

• NO registration after 5:00 p.m. on September 30, 2011
• Must register IN PERSON
• $5,000 registration deposit required
• Only cash, cashier's check, or bank-issued money order
• All Checks must be payable to the Los Angeles County Tax Collector
• NO personal checks, business checks, two-party checks and checks payable to other than the Los Angeles County Tax Collector
• Unused registration deposit will be refunded by mail within 30 days from the date of the sale
• NO refunds will be issued at the auction
• Only valid photo identifications will be accepted (i.e., driver’s license, military ID card, Mexican Matriculate Consular, passport, California ID card)
• NO expired identification cards/documents will be accepted
• Persons registering/vesting for someone not present, must show notarized power of attorney for each person you are representing
• Persons registering/vesting as a public agency, a company, a corporation or a partnership, must provide the NOTARIZED COPIES of the document that gives you the authority to register/vest and purchase on their behalf, i.e., minute order from the governing board, a Board Resolution, registration of a partnership or Articles of Incorporation as well as notarized order by authorized members of the Board of Directors
• Persons registering in the name of a TRUST, documentation from the Trust giving you the authority to register, bid and purchase property at tax sale is required.
• No changes in vesting accepted after the registration process is completed
• Public agencies require a certified order from the governing Board giving the person registering on its behalf the authority to register and purchase property at this tax sale.
• Corporations and LLCs require Articles of Incorporation and a notarized order by authorized members of the Board of Directors giving the person registering on their behalf the authority to register and purchase property at this tax sale.
• All registered bidders must disclose if they own any properties in the auction that are in bankruptcy and/or have any tax defaulted properties in Los Angeles County. A listing of such properties is required.
• Replacement bidder cards will cost $10.00 each, and proper and valid identification will be required.
• See Terms and Conditions for complete list of requirements

AUCTION TRUST ACCOUNT

Dates to Open Trust Account:	September 6, 2011 through October 14, 2011
Time:	Monday – Friday 8:00 a.m. to 5:00 p.m.
Location:	Treasurer-Tax Collector Tax Defaulted Land Section 225 North Hill Street, Room 130 Los Angeles, California 90012
Contact us:	(213) 974-2040

AUCTION TRUST ACCOUNT REQUIREMENTS

• Minimum of $5,000, ( in addition to the $5,000 registration deposit)
• Only cash, cashier’s checks, and bank-issued money orders will be accepted
• Checks must be payable to the Los Angeles County Tax Collector
• No personal checks, business checks, two-party checks and checks payable to other than the Los Angeles County Tax Collector
• Unused monies in the Auction Trust Account will be refunded by mail within 30 days from the date of the sale.
• NO refunds will be issued at the auction
• See Terms and Conditions for complete list of requirements

ADDITIONAL AUCTION INFORMATION	PURCHASE AUCTION BOOK NOW
PRINT REGISTRATION APPLICATION