In Geraldine Tyler v. Hennepin County, Minn., the U.S. Supreme Court determined that if a county retains the excess value of a homeowner’s property, over and above the tax debt owed, it is a violation of the takings clause of the U.S. Constitution. The decision will change laws in several states across the country.
Click here to listen to our complimentary Excess Equity webinar.
Excess Equity Watch is your consolidated hub to monitor this issue and chart the progress as each afflicted state harmonizes its Tax Foreclosure Sale legislation to the SCOTUS ruling.
Bookmark this page and check back regularly for the latest articles on the topic from The Legal Description.