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Excess proceeds from the sale of tax-defaulted property is defined as any amount that is more than $150 after tax and assessment liens, fees and costs of the sale have been satisfied.
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If NOT Claimed in a specific TIME ( there are different time Limits for each STATE), the tax collector may deduct the cost of maintaining the redemption and tax-defaulted property files that was not recovered and/or deposit the excess unclaimed proceeds into the county general fund.