Claiming surplus funds in Caledonia County
Surplus from sales in Caledonia County is held by the county office that conducted the sale, typically the clerk, auditor, or treasurer. We confirm the holding office before anything is filed.
12 V.S.A. § 4954(c) governs judicial-sale distribution and § 4966(e) governs nonjudicial-sale distribution, with junior lienholders paid by priority and then remaining excess to the mortgagor. Neither section sets a fixed initial mortgagor surplus deadline. In a judicial case, respond to the sale report and confirmation proceeding; in a nonjudicial sale, seek payment promptly. Property-redemption periods are separate.
