Rental of property held in trust; apportionment of rent and sales price; monthly statements and receipts of county treasurer.
1. While such property is held in trust, as provided in this chapter, the county treasurer, or his successor in office, shall collect any rents arising from the property during the time such property is subject to redemption. After the time of redemption has expired, until such property can be sold, he may rent the same, with the approval of the board of county commissioners, for a price to be fixed in its minutes. Such rents shall be paid out by the county treasurer, or his successor in office, as follows:
(a) For the payment of costs and taxes for which it was sold, with the percentage allowed for redemption.
(b) For the payment of any taxes afterward accruing upon such property.
(c) Any balance, into the general fund of his county.
2. The price for which any property shall be sold shall be appropriated in the same manner as the rents are directed to be paid in this section.
3. On the first Monday in each month, the county treasurer, or his successor in office, shall file in the office of the county auditor a monthly statement of the amount of property sold and rents collected during the past month. Upon any money being paid to the county treasurer for purchase or rent, the county treasurer shall give a statement of the amount thereof to the person, who shall file the same with the county auditor, and the county auditor shall give the person paying such money a receipt for the same, as having been paid to the county treasurer, and expressing the purpose of consideration upon which such payment was made.
Last modified: February 27, 2006