Tax Forfeited Land Deed FIPS: 27131 Over-The-Counter Tax Forfeited Land List Available

Rice County Public Auctions & Sheriff Sales

Comprehensive guide to county sheriff foreclosure auctions, tax deeds, tax lien certificates, over-the-counter land purchases, and surplus funds in Rice County, Minnesota.

Statutory Rate
Tax Forfeiture Auction
Redemption Period
None Post-Sale (3 Years Pre-Sale Redemption)
Bidding Platform
Public Surplus / County Auction
County Population
67.948
Official Auction Access

Where to Bid on Rice County Auctions

Public delinquent property auctions for Rice County are managed by the Rice County Auditor-Treasurer and hosted online via Rice County Public Surplus / County Auction Portal.

Governing Statute: Minn. Stat. § 282.01
Open Public Surplus / County Auction
Requires pre-registration & bidder deposit
Civil Court Executions & Mortgage Foreclosures

Rice County Sheriff Sales & Judicial Foreclosures

In addition to delinquent tax sales, the Rice County Sheriff's Office Civil Division conducts regular public foreclosure auctions ordered by the Circuit or Superior Court to satisfy mortgage default judgments, construction liens, and civil court executions.

Sale Location: Courthouse Steps or County Online Portal
Standard Deposit: 10% Certified Funds or Bank Wire
Title Status: Subject to Senior Mortgages & Federal Liens
🏷️
Zero Competition Land Purchases

Rice County Over-The-Counter Tax Forfeited Land List (Over-The-Counter)

Parcels and certificates that receive no bids during the scheduled public auctions enter the county's permanent Over-The-Counter Tax Forfeited Land List inventory. Any citizen or investor can purchase these parcels directly from the Rice County Auditor-Treasurer over the counter for the delinquent taxes and fees owed, without competing in an auction.

How to Buy OTC Land Step-by-Step Contact Rice County Auditor-Treasurer for the latest updated parcel list.
💰 Homeowner Rights & Excess Proceeds

Unclaimed Tax Sale Surplus Funds in Rice County

When a delinquent property is auctioned in Rice County for more than the outstanding taxes, penalties, and administrative fees, the resulting funds are termed excess proceeds (surplus funds). By law, these funds belong to the former property owner or their legal heirs.

Statutory Claim Window in Minnesota:
Strictly regulated following Supreme Court Tyler v. Hennepin County ruling. After this deadline passes, unclaimed funds typically escheat to the state treasury permanently.
Investor Auction Liquidity

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4 Steps to Bid on Properties in Rice County

1

Pre-Auction Due Diligence

Review the Rice County delinquent tax list published 4–6 weeks prior to the sale. Perform title searches on Parcel ID numbers to identify superior federal liens or mortgages.

2

Bidder Registration & Deposit

Register on Public Surplus / County Auction at least 48 hours prior to auction start. Deposit required bidder funds (often 5% of anticipated bid budget or flat $200 deposit).

3

Auction Bidding Strategy

Bid price upward against competing buyers. Ensure you do not exceed your predetermined maximum acquisition budget.

4

Payment & Deed Issuance

Settle the remaining purchase balance within 24 hours. The Rice County Auditor-Treasurer issues a certificate or records the tax deed with the County Recorder.

Frequently Asked Questions: Rice County Tax Sales

Is Rice County a tax lien or tax deed county? ▼

Rice County follows the Minnesota Tax Forfeited Land Deed statutes. Bidders either obtain a first-position tax lien certificate earning Tax Forfeiture Auction statutory return or purchase physical real property deeds at public auction.

Can I buy Rice County tax properties online? ▼

Yes. Tax auctions are conducted through Public Surplus / County Auction (https://www.publicsurplus.com). Registered bidders can participate remotely from anywhere in the world.

What happens if a property does not sell at auction in Rice County? ▼

Unsold parcels are added to the Rice County Over-The-Counter Tax Forfeited Land List list. These properties can be acquired directly over-the-counter through the Rice County Auditor-Treasurer without an auction.