Petition For Excess Proceeds Form California

State:
Texas
Control #:
TX-03500BG
Format:
Word; 
Rich Text
Instant download

Description

The Petition for Excess Proceeds form in California is a legal document used to claim funds that remain after a tax sale of real property. This form allows individuals, particularly property owners, to request the release of excess proceeds that belong to them following the payment of all outstanding taxes and fees. The key features of the form include spaces for the petitioner's name, property details, and the amount of excess proceeds sought. Users must fill out sections detailing the court judgment, tax sale information, and provide notice to involved parties. It is particularly useful for attorneys, partners, and legal assistants representing clients in tax-related cases, as it streamlines the process of recovering funds. Paralegals and legal assistants may also find this form helpful in supporting their clients by ensuring all procedural requirements are met for successfully claiming excess proceeds. The form typically culminates in a request for the court to authorize the disbursement of the claimed funds, which necessitates providing a notice of hearing to all parties involved. Proper completion and adherence to the filing process can significantly aid in achieving swift resolution for clients seeking their rightful excess proceeds.
Free preview
  • Preview Petition for Release of Excess Proceeds and Notice of Hearing
  • Preview Petition for Release of Excess Proceeds and Notice of Hearing

How to fill out Texas Petition For Release Of Excess Proceeds And Notice Of Hearing?

Locating a reliable source for accessing the latest and pertinent legal documents is a significant part of navigating bureaucracy. Selecting the appropriate legal templates demands accuracy and meticulousness, which is why it is essential to obtain samples of the Petition For Excess Proceeds Form California exclusively from reputable providers, such as US Legal Forms. An incorrect template could squander your time and hinder your current situation. With US Legal Forms, you can rest assured. You can view and verify all the details concerning the document's applicability and significance for your situation and in your state or locality.

Follow these steps to finalize your Petition For Excess Proceeds Form California.

Once you have the form saved on your device, you can edit it using the editor or print it out and fill it in by hand. Eliminate the complications associated with your legal paperwork. Browse the extensive US Legal Forms catalog to discover legal samples, verify their relevance to your situation, and download them instantly.

  1. Utilize the library navigation or search bar to locate your sample.
  2. Access the form's information to determine if it meets the criteria of your state and area.
  3. Preview the form, if available, to confirm it is indeed the one you need.
  4. Return to the search and seek the correct document if the Petition For Excess Proceeds Form California does not fulfill your requirements.
  5. If you are confident about the form's applicability, download it.
  6. If you are a registered user, click Log in to verify and access your selected forms in My documents.
  7. If you do not have an account yet, click Buy now to acquire the template.
  8. Select the pricing plan that aligns with your needs.
  9. Proceed with the registration to finalize your purchase.
  10. Complete your transaction by choosing a payment method (credit card or PayPal).
  11. Select the file format for downloading the Petition For Excess Proceeds Form California.

Form popularity

FAQ

Section 34.04 - Claims for Excess Proceeds (a) A person, including a taxing unit and the Title IV-D agency, may file a petition in the court that ordered the seizure or sale setting forth a claim to the excess proceeds. The petition must be filed before the second anniversary of the date of the sale of the property.

What are Excess Proceeds? When property is sold at a tax sale the proceeds are used to pay the delinquent tax and assessment liens, fees and costs of the sale. If more than $150.00 in sale proceeds remain after the taxes are paid they are available for claim by Parties of Interest.

Excess Proceeds If a property is not redeemed, and it is sold, the former owners of the property have the right to claim proceeds remaining after the tax and assessment liens and the costs of sale are satisfied.

Excess Funds are funds that are remaining after paying taxes, costs, and all expenses of a tax sale made by the Tax Commissioner. These funds are held in escrow and are available to the entitled parties in the order of priority in which their interest exists.

Hear this out loud PauseExcess proceeds from the sale of tax-defaulted property is defined as any amount that exceeds one hundred fifty dollars ($150.00) after tax and assessment liens and costs of the sale have been satisfied.

Trusted and secure by over 3 million people of the world’s leading companies

Petition For Excess Proceeds Form California