The fee for holding a tax sale includes which of the following?

• A. 1% fee with no min
• B. 2% with min $15 max $100 (sales between $750 and $5,000)
• C. 5% of sale price
• D. Flat $50

Answer: (B)

The fee to hold a tax sale is set as a percentage of the sale price, with a safety range (a minimum and a maximum) for certain sale amounts. For sales that fall between $750 and $5,000, the charge is 2% of the sale price, but it cannot be less than $15 and cannot exceed $100. So, a $1,000 sale would incur a $20 fee, and a $4,000 sale would incur a $80 fee, both within the specified min and max. This structure fits that range exactly, which is why this option is correct.