If a parcel is sold at a foreclosure sale for an amount greater than the minimum bid, the surplus monies (excess proceeds) can be claimed by the previous recorded title owner provided that all registered liens having a legal right to claim the money have been satisfied. The record owner of the property is the person who held title on the date of issuance of the certificate of delinquency. Assignments of interests, deeds, or other documents executed or recorded after filing the certificate of delinquency do not affect the payment of excess funds to the record owner. If a valid claim has not been received after a three-year period, the surplus is deposited in County funds. (RCW 84.64.080 (10)).
The Island County Treasurer's Office will not send Surplus Applications to a third party without notarized written permission from the previous recorded title owner.