2022-05 Department of Finance Real Property Tax Division Revenue Cycle Management

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Definitions Audit Definitions For the audit, parcels are categorized as one of four major types: • Active: Delinquent parcels RPT manages and actively collects. • Government: Parcels owned by Federal, State, or by County. • Unactionable: Parcels with history or characteristics that make it immune to foreclosure. • Temporary Stays: Parcels are placed aside because of court action, international law, or treaty. Division Definitions RPT has provided the following parcel definitions: • Active: Greater than two years delinquent, subject to a tax foreclosure action, does not have restricting conditions. • Bank Foreclosure: Properties under bank foreclosure action. • Bankruptcy: Properties where the Division has been served notice of bankruptcy. • Civilian Action: Properties covered under civil litigation. • COVID: Property restricted from sale due to Mayor's Emergency Proclamation limiting gatherings. The proclamation limited the Division's ability to conduct tax foreclosure auctions during 2020 & 2021. Currently, the code provides for only in-person auctions (Definition dissolved April 2022). • Dropped Parcel: Parcels have been through consolidation action and no longer exist in future tax years (with taxes still owing). • Foreign: Limitations/challenges exist regarding proper notice via Hague convention statutes. • Government: Government-owned property (example: former lessees who have unpaid taxes - DHHL). • Lava: Lava inundated properties where market values are lower than the upset price (example: Royal Gardens, Kapoho, Kalapana). • Less than 2 years: Parcels which were formerly delinquent greater than two years, which are currently delinquent but less than two years—this is used as a watch list. • Low Value: The upset price is greater than 50% of the market price of the property. • Payment Plan: Payment plan has been executed. • Time and Cost - Title has communicated it is unable to provide a litigation guarantee due to the inability to process the guarantee within the window of time allotted or a complex chain of ownership exists that would contribute to an exorbitant cost to produce a litigation guarantee. • Unsold at Prior Auction: Unsold at prior auction with no successful bid obtained for the upset price (inclusive of taxes, penalty, interest, and tax sale fees). • Unspecified: Null value. Property current on all taxes or is less than two years delinquent. 8 Page