R527-800-2. Acquisition and Disposition of Real Property

Latest version.

  A. The department may acquire property in payment for an obligation by:

  1. voluntary conveyance;

  2. conveyance by heirs; or

  3. execution.

  B. Acquisition of real property is an action of last resort.

  C. Voluntary conveyance shall be by Warranty or Quit Claim Deed in favor of the department.

  D. Property owned by the state is tax exempt in accordance with Section 59-2-1101.

                    
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