June Real Estate Auction FAQ

It is an annual auction of real estate for which the county holds a lien for unpaid taxes.

Beginning the second Monday in June and continuing from day to day thereafter until all real estate is sold.

Between the hours of 9:00 a.m. and 4:30 p.m. There is a one-hour lunch break.

The location may change from year to year and is shown on our website approximately May 15th.

An individual of lawful age, 18 years or older and a citizen of the United States of America. The Oklahoma Constitution, Article 22 § 1, specifically prohibits the ownership of land in Oklahoma by a non-United States citizen.

Yes. The business entity must be organized under the laws of one of the 50 states of the United States of America at the time of registration. The Oklahoma Constitution, Article 22 § 1, specifically prohibits the ownership of land in Oklahoma by a business entity that is not organized under the laws of one of the 50 states of the United States of America. This documentation must be presented at registration. Be advised that the treasurer’s office will retain this documentation.

No. A non-citizen business owner is only allowed to bid on the property. The property must be purchased and deeded in the name of the business which must be organized under the laws of one of the 50 states of the United States of America at the time of registration. The Oklahoma Constitution, Article 22 § 1, specifically prohibits the ownership of land in Oklahoma by a business entity that is not organized under the laws of one of the 50 states of the United States of America.

The list is available approximately May 15th by any of the following methods:

• Treasurer's website at www.treasurer.tulsacounty.org. Click on the link, June Real Estate Auction then click List of Resale Properties.
  
  
• Treasurer’s office located at 218 W. 6th St., 8th Floor, Tulsa OK.
  
  
• Publication in a local newspaper once a week for four consecutive weeks prior to the auction.

Pre-registration is encouraged at the treasurer’s office beginning approximately May 15th. Once the sale begins, registration is only accepted at the auction location.

Yes, the recommendation is to pre-deposit funds equal to or exceeding amount of purchases with a minimum requirement of $500.00 or more.

Cash, cashier’s check or money order is accepted.

Purchasers who have not pre-deposited funds are required to pay immediately after each purchase made.

Yes.

The minimum bid is determined using either 2/3 of the current tax year assessed value OR the total amount of the advertised taxes, interest, fees and costs, whichever is the lesser amount.

Yes, other costs and fees are collected i.e., deed fee, county clerk filing fee, title research fee, sheriff’s posting fee, publication costs, certified mail costs and treasurer’s costs.

Liens may be researched by reviewing the title search report in the Tulsa County Treasurer’s Office and through the records of the Tulsa County Clerk’s Office.

Purchaser should consult legal counsel if uncertain as to the lien status.

Review the Unadvertised Taxes and/or Special Assessment Addendum to determine if the property is listed.  The treasurer's office may not be aware of additional pending charges, therefore you may need to contact the city entity.

A successful purchaser receives a filed County Treasurer’s Resale Deed which grants fee simple title.

If the property owner makes payment before the Resale Deed is filed, the sale is then unsuccessful and the purchaser is refunded all monies collected for that purchase.

Improvements, access, cleaning and mowing of the grounds or possession of the property, should not be attempted until deed is filed.

A Quiet Title Action is recommended.

A report obtained from an abstract or title company that identifies any parties that have a recorded legal or equitable interest in the property.

A condensed history obtained from public records or documents concerning the ownership of a piece a property.

No.

The owner may qualify for an exemption from tax resale if the following conditions are met:

(1) The real property contains a single-family residential dwelling; (2) The owner of the property is 65 years of age or older or has been classified as totally disabled; (3) The real property is not currently being used as rental property; (4) The owner of the property has a gross annual income lower than the Federal Poverty Guidelines; and (5) The fair market value of the property as reflected by the county assessor does not exceed $180,000.00.

An Application for Exemption from Tax Resale and evidence of your eligibility must be submitted to the Tulsa County Treasurer before resale each year.

Taxes, interest, costs, and fees will continue to accrue while the exemption is claimed. To remain eligible for exemption from tax resale homeowner must reapply and qualify for this exemption each year. If the homeowner becomes ineligible or fails to apply for the exemption, the county treasurer shall proceed to sell the property for non-payment of taxes.

If you feel you may qualify for exemption, please contact the Tulsa County Treasurer at 918-596-5071 to request the application.

Please refer to Oklahoma Statute Title 68 Section 3105.