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Posted at 07:00 PM ET, 09/09/2009

D.C. Calls Off Tax Sale Following Legal Challenge

The District Office of Tax and Revenue called off its annual three-day sale of delinquent property taxes Wednesday after Chicago-based Aeon Financial LLC sued because the office only intended to auction off properties with tax bills greater than $1,200.

A judge granted the company an injunction Tuesday, but the tax office informed dozens of bidders - some flying in from around the country - at 1 p.m. Wednesday that there would not be a sale. The sale had been set to begin at 8:30 a.m. Wednesday.

"A legal challenge has been made to the District's right to set a threshold for the sale of delinquent real property taxes. Consequently, the District is reviewing its legal authority to set a threshold for tax sale," said Natalie Wilson, a spokeswoman for the tax office.

By Anne Bartlett  |  07:00 PM ET, 09/09/2009

Categories:  Nikita Stewart, Nikita Stewart

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