What type of sale is conducted if the property remains unsold after the upset sale?

The correct answer is associated with a specific procedure that occurs when a property does not sell during the initial upset sale. After an upset sale, if no buyer emerges for the property, the next step involves a repository sale. This type of sale is designed primarily for properties that have gone through a tax sale process and were not sold because the minimum bidding price was not met.

Repository sales allow local government entities or jurisdictions to sell properties at a lower price, often with fewer restrictions, making them more accessible to potential buyers. This ensures that properties that might otherwise remain vacant or underutilized can be sold to promote development, community revitalization, or tax collection efforts.

Understanding this process is crucial for professionals in lease and title analysis, as it impacts property management, ownership transfer, and investment opportunities within Pennsylvania.