Memorandum  Memo re: Instructions to litigants re: calculation of finding amount in each case pursuant to Memorandum and Order in City of Leominster v. Corbett, 22 TL 000447 (RBF) dated April 3, 2025

Date:	04/23/2025
Organization:	Land Court
Referenced Sources:	G.L. c. 60 St. 2024, c. 140

Memo

No later than Tuesday of the week of the scheduled hearing on the Tax Lien Motion for the Entry of Finding, Plaintiff must eFile with the court and serve on the Defendant(s) an updated principal and interest balance of the tax title account that is calculated in accordance with the Memorandum and Order issued by Judge Foster on April 3, 2025 in case 22 TL 000447.

The calculation must set forth the taxes owed, and statutory interest accrued on the amount owed pursuant to G.L. c. 60, §§ 62 and 68, including G.L. c. 60, § 62 as amended by St. 2024, c. 140, § 88, effective November 1, 2024. Pursuant to the April 3, 2025 Memorandum and Order issued in 22 TL 000447, the calculation is made by adding the following amounts:

1. The original sum of the tax taking (which includes original costs); plus
2. Interest accruing on the original sum, from the date of the tax taking until the earlier of either (a) the day before the complaint to foreclose the right of redemption was filed or (b) October 31, 2024, at the rate of 16% per annum pursuant to G.L. c. 60, § 62; plus
3. If the complaint to foreclose the right of redemption was filed on or after November 1, 2024, interest accruing on the original sum, from November 1, 2024 until the day before the complaint to foreclose the right of redemption was filed, at the rate of 8% per annum pursuant to G.L. c. 60, § 62; plus
4. Interest accruing on the original sum, from the date the complaint to foreclose the right of redemption was filed through the date of finding, at the rate of 16% per annum pursuant to G.L. c. 60, § 68; plus
5. Subsequent taxes certified to the tax title account pursuant to G.L. c. 60, § 61; plus
6. Subsequent costs added to the tax title account; plus
7. Interest accruing on the subsequent sum (subsequent taxes plus subsequent costs), from the date of certification by the collector to the treasurer until October 31, 2024, at the rate of 16% per annum pursuant to G.L. c. 60, § 62; plus
8. Interest accruing on the subsequent sum, from November 1, 2024, through the date of finding, at the rate of 8% per annum pursuant to G.L. c. 60, § 62.

The court will not proceed with the scheduled date if the calculation is not provided in advance.

Any objection to computing the finding amount in the manner set forth in this notice is waived if not filed and served by the date set for submission of the Plaintiff’s calculation in accordance with this notice.