If no bidders, the tax collector must strike off to the municipality at a rate of what percent?

• A. 12%
• B. 18%
• C. 24%
• D. 6%

Answer: (B)

When no bidders appear at a tax sale, the tax collector must strike off the lien to the municipality at a rate set by statute. That rate is 18 percent, which applies to the delinquent tax balance and any penalties. This statutory rate ensures the municipality can recover interest on unpaid taxes even if no buyer is found, and it’s the rate defined by law for the strike-off scenario. The other percentages don’t match the mandated strike-off rate.