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Current as of January 01, 2025 | Updated by Findlaw Staff
The certificates of delinquency may be redeemed by the owner of the property assessed at any time up to two years from the date of foreclosure of the certificate.
If a certificate is not redeemed on the second occurring first day of January, after its issuance, the county treasurer shall foreclose the certificate in the manner specified for the foreclosure of the lien of local improvement assessments in cities, and if no redemption is made within the succeeding two years, from date of the decree of foreclosure, shall execute and deliver unto the public utility district, as trustee for the fund, a deed conveying fee simple title to the property described in the foreclosed certificate.
Cite this article: FindLaw.com - Washington Revised Code Title 54. Public Utility Districts § 54.24.240. Local improvement guaranty fund--Certificates of delinquency--Redemption, foreclosure - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-54-public-utility-districts/wa-rev-code-54-24-240/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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