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Posted by Nikki Verill, Minot, July 11, 2007: If I am reading this correctly, on page 17 of the Municipal Tax Lien Manual, I do not need to send a certified mailing of tax lien to the assessed owner. Correct me if I am wrong!!!

Responses: you are correct. The assessed owner got a copy of the 30-day notice which said you were putting a lien on the property. The certified mail with the actual lien would be sent to any mortgage holder or other party with an interest in the property.

As far as interest calculation, that's relatively easy. The formula in excel would be: (Original Tax - Payments) * Interest Rate *((Today's Date - Due Date)/365)

For example, if the tax were $1,000, the taxpayer paid $500, and the interest rate is 11% and the due date was 240-days ago the calculation would be $500*.11*(240/365) = $36.16. (Stu Marckoon, Lamoine)