Louisiana

In State Info by TSL Admin


Primary Sale Type: Tax Lien Certificate
louisiana
Secondary Type(s): NA
Sale Date(s): Annually: May - July
Bid Type: Bidding-Down-Ownership
Rate of Return: 12% per annum, plus 5% penalty upon redemption
Redemption Period: 3 years from date of sale (expires after 5 years)
Over-the-Counter: NA
Statute Section(s): LA Constitution - Article VII, Sec. 25 / LA Revised Statutes, Title 47
State Website: www.louisiana.gov

State Overview:

In the state of Louisiana there are 64 parishes, which are used in likeness of counties.

County Directory

New Orleans Delinquent Tax Auctions

The two most populous areas in Louisiana are East Baton Rouge (440,000+) and Jefferson (432,000+) Parish.

Search Demographics:

Louisiana is classified as a Tax Lien Certificate state, even though it's referred to as a Tax Deed for the purposes of the state Constitution. Sales are usually held between the months of May and July, and are commissioned by the local Tax Collector.

Auction Process / Redemption:

On the day of sale, the collector shall sell the portion of the property which the debtor points out. If the debtor does not point out sufficient property, the collector shall sell immediately the least quantity of property which any bidder will buy for the amount of the taxes, interest, and costs, a process known as 'Bid Down Ownership'. Louisiana offers the homeowner a 3 year right of redemption, with the lien accruing 12% interest per annum, plus a 5% penalty upon redemption.

State Resources:

Resource Description Instructions and Additional Information
Louisiana Sheriffs Association website: Contract information and websites, if such exists, for the 65 Parish Sheriffs Offices. NA
Police Jury Association of Louisiana website: Contact information and websites, if such exist, for all 64 Parishes. NA