FAQ

The good folks over at civicsource.com have a guide on the process and procedures for Louisiana tax sales. Here is their official list of answers to common questions about the “tax title sale process.” As a reminder, the views of civicsource and/or Archon Information Systems, and the information displayed on their website does not reflect the opinion or advice of the authors of this blog.

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If you’re new here the details can seem daunting. We’re in the process of putting this page together to answer some basic questions the casual observer may have regarding tax sales and adjudicated property. Feel free to send me an e-mail if you have a specific question or leave a comment if there is another point of interest. I can’t promise all the answers, but I’ll give my best effort to provide the most recent, up-to-date, accurate information that I have.

What is a tax sale?

This code article of the Louisiana Constitution permits the tax collector to enforce payment of ad valorem taxes by public sale of the property itself.

Who decides how much my taxes are? The assessor for your particular Parish determines how much the taxes are. The assessor is an elected official that serves a four year term, and is responsible for valuing (assessing) and preparing tax rolls for property.

What is an assessment?

The Louisiana Constitution sets forth a procedure for calculating a property tax which is called an assessment. As a very general rule for residential property the “assessed value” is usually 10% of the fair market value (minus homestead exemption).

What are ad valorem taxes?

Ad valorem means it is imposed at a rate based on  a percent of value. In Louisiana the ad valorem taxes on real estate are a percentage of the fair market value. The Louisiana Constitution provides what percentages are used to determine the ad valorem taxes for different types of property.

What is an assessment?

 

What is a proces verbal?

What is an absolute nullity?

Is there a possibility of losing money?

What if I get a notice in the mail?

Do I have to pay each year’s taxes?

When do I own it?

What if the sheriff didn’t send notice?

Can I send my own notice?

How do I get copies of notices?

What is the difference between an adjudication and a tax sale?

How much interest do I get?

Do I need to insure the property?