Arkansas · money left over after a tax-deed sale
Arkansas Commissioner of State Lands (COSL)
Held in escrow 1 year after the sale. Then claimable for 2 years (sales after July 1, 2018) or 3 years (sales July 1, 2005 to June 30, 2018). Unclaimed money goes back to the county.
One year after the sale, request an excess proceeds claim form from the Commissioner of State Lands. You must show you were the record owner at the time of sale and sign a release of your interest.
Ask the clerk for the deadline.
Who holds it: Arkansas Commissioner of State Lands (COSL)
How long: Held in escrow 1 year after the sale. Then claimable for 2 years (sales after July 1, 2018) or 3 years (sales July 1, 2005 to June 30, 2018). Unclaimed money goes back to the county.
How you claim: One year after the sale, request an excess proceeds claim form from the Commissioner of State Lands. You must show you were the record owner at the time of sale and sign a release of your interest.
Your deadline: ____________ (confirm it with the clerk)
Not researched yet — ask the clerk
Source: Ark. Code Ann. § 26-37-205; Ark. Code Ann. § 26-37-205(a); Ark. Code Ann. § 26-37-205(b)(1)-(2); Ark. Code Ann. § 26-37-205(b)(2)(C)(ii); Ark. Code Ann. § 26-37-205(b)(2)(D)(i); Ark. Code Ann. § 26-37-205(c); 26 CAR § 400-402; 26 CAR § 400-403; 26 CAR § 400-404; 26 CAR § 400-405. Researched, not yet checked by a lawyer; confirm with the clerk. Not legal advice.