Practice question
Which circumstance triggers the Section 215 forfeiture mechanism at a lawful real-property tax sale?
- No bidder or a highest bid insufficient to pay taxes, penalties and costs
- Any voluntary private sale by an owner
- Any increase in land value
- Any bank's mortgage application
- Any change in the owner's address
Legal references
- NIRC Section215, Forfeiture to Government for Want of Bidder; https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
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