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Committee authorizes tax-collector auction resolution; most at-risk properties historically redeemed before sale

San Francisco Board of Supervisors Budget and Finance Committee · February 12, 2014

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Summary

The committee considered a resolution authorizing online auctions of tax-defaulted properties (many timeshares and vacant lots, some underwater). Tax-collector staff said the auction is an enforcement tool; most residential parcels historically redeem prior to online sale. The resolution was moved forward to the Board.

The committee reviewed a resolution authorizing the tax collector to sell certain tax-defaulted real property at public auction.

Greg from the tax collector's office explained the profile of properties on the roll: a large share are timeshares or vacant lots (the office said about 80 dwellings are on the broader…

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