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Treasurer warns of legal uncertainty and potential liability from foreclosure rulings; 113 Schaeffer claims noted
Summary
Jackson County Treasurer briefed the committee on ongoing legal uncertainty following Rafaeli and Schaeffer decisions, noting 113 Schaeffer claims and that exposure remains unclear pending court determinations; committee requested follow-up figures.
Karen, Jackson County Treasurer, briefed the General Government Committee on potential county exposure related to recent court rulings affecting tax-foreclosed-property proceeds.
Karen said the Rafaeli decision (she referred to the “Rafaeli decision” dated to July 2020 during the discussion) and more recent Schaeffer litigation have created “ripple effects” for counties that take or acquire tax-foreclosed properties. She warned that exercising a right of…
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