No public auction sale of tax-defaulted properties in San Francisco will be held during fiscal year 2009-2010. Our next public auction sale will be conducted online in April 2011. Information related to this public auction sale will be available sometime in March 2011.
Section 3692[a] of the California Revenue & Taxation Code requires that the Tax Collector of each county "shall attempt to sell tax-defaulted property...within four years of the time that the property becomes subject to sale for nonpayment of taxes unless, by other provisions of law, the property is not subject to sale."
A property is considered tax-defaulted if there are ANY unpaid taxes as of 5 p.m. on June 30*. Your taxes can remain unpaid for a maximum of five years following their tax default, at which time your property becomes subject to the power of sale. This means that your property will be sold at a public auction or acquired by a public agency if you do not pay the taxes before the date on which the property is offered for sale or acquisition.
(* If June 30 falls on a weekend or holiday, taxes must be paid by 5 p.m. of the preceding business day.)
