Which form is referred to as Local Treasury Operation Form 96?

Local Treasury Operation Form 96 is specifically designated as the Certificate of Sale of Delinquent Property. This form is used to document the sale process of properties that have not been redeemed by their owners after a tax delinquency, and it officially conveys the transaction from the local government to the buyer.

The significance of this form lies in its role in the tax collection process. When property owners fail to pay their taxes, their properties may be sold at a public auction to recover owed amounts, thereby ensuring that local governments can continue to provide essential services funded by these taxes. The Certificate of Sale of Delinquent Property serves as critical documentation for both the local treasury and the new property owner, clearly outlining the details of the transaction and establishing the buyer's rights to the property.

The other options relate to different processes in local treasury operations. For instance, the Certificate of Redemption pertains to reclaiming a property after delinquency payments are made, the Notice of Levy relates to the legal seizure of property due to tax liabilities, and the Tax Clearance Certificate is an affirmation that all tax obligations have been satisfied. Each of these forms serves a unique purpose within the realm of local taxation, but they do not define Local Treasury Operation Form 96.