Who purchases tax sale certificates when they are sold in bulk by assignment?

• A. Highest Bidder
• B. Lowest Bidder
• C. Government
• D. Public

Answer: (A)

This question tests who typically ends up buying tax sale certificates when they’re sold in bulk by assignment. In bulk assignments, a municipality or taxing authority transfers a package of certificates to an investor who is willing to pay the most upfront. The bundle is awarded to the highest bidder because the seller wants the maximum immediate cash, and the buyer gains the rights to collect the delinquent taxes and interest on the properties in the bundle. The government isn’t the buyer in this scenario, and it’s not a general “public” purchase; it’s an investment sale where the winning factor is the highest price offered.