Collier Bidding Entity Rule Collier County Tax Collector Tax Certificate Sale Three Simultaneous Bidding Entity Rule Each bidding entity shall register only once for the purpose of bidding on or purchasing tax certificates, and shall not have a contractual, legal or financial interest in the award of the tax certificate with more than two other bidding entities registered in the Collier County Tax Certificate Sale. "Bidding Entity" is defined as an individual, corporation, partnership, joint venture, limited liability company, association, cooperative, joint venture, estate, trust or any other type of individual commercial entity, group or combination thereof defined in Florida Statutes whether domestic or foreign and whether for-profit or not-for-profit. "Contractual, Legal or Financial Relationship" is defined as two or more bidding entities as defined in this rule, including but not limited to shareholders, principals, directors, employees, general or limited partners, personal or legal representatives, executors or other individual or commercial entities that have a joint or common economic interest. For purpose of this rule, the following are examples of the contractual, legal, and financial relationships that will be reviewed when applying the rule: share Taxpayer Identification Number (TIN) file a single tax return (jointly or as a dependent) share common employees own any assets in common display non-competitive bidding behavior share a common pool of capital employ any bidding or registration strategy meant to gain an advantage when determining the winner among tie bids The items above are regardless of the entity's jurisdiction and include, but are not limited to, corporate directors and employees, disregarded entities, partners, lienholders, representatives, trusts, executors, IRAs, and spouses. The determination of whether the Three Simultaneous Bidding Entity Rule has been violated is at the sole and exclusive discretion of the Collier County Tax Collector and/or designee. If a violation is determined before the certificates have been awarded, the offending bidding entities may be prohibited from participating in the tax sale. This rule governs tax certificate sales that are conducted utilizing a competitive bid auction process and does not apply to county held, direct purchase transactions or the transfer of certificates after the tax certificate sale has concluded or adjourned. Disputes as a result of rulings in the Collier County Tax Certificate Sale under the Three Simultaneous Bidding Entity Rule shall have exclusive venue and jurisdiction in Collier County, Florida. Go to: Select Auction View: Welcome, Auction Schedule, FAQ