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What happens to a property if it is not sold to a Tax Buyer at the Tax Sale?

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What happens to a property if it is not sold to a Tax Buyer at the Tax Sale?

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Any unsold property is adjudicated (transferred) to Caddo Parish. The Parish acquires the tax assessment rights of the original owner as well as the assessment rights of the property. Under certain circumstances, the Parish may actually sell the property to a third party and the sale transfers all ownership rights in the property to the buyer. NOTICE: This answer to What happens to a property if it is not sold at the Tax Sale is an oversimplification of the process that actually takes place in a tax sale and the effect on ownership of the property after it is adjudicated to Caddo Parish. The explanation is general in nature and is not intended to be interpreted or construed in any manner to be a legal opinion, legal advice, legally correct or reflect the actual legal rights of property owners, Caddo Parish or their authorized representatives. For specific information related to immovable property and adjudication refer to the appropriate laws of the United States of America and State o

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