tax deed


Also found in: Legal, Acronyms.

Tax Deed

An instrument proving ownership of a piece of real estate purchased in a government tax sale. That is, if a government confiscates property due to lack of payment of taxes and then sells it to another party, the tax deed proves the other party's ownership.

tax deed

A deed issued to the successful purchaser at an auction for unpaid real estate taxes, but only after passage of a predetermined period of time during which the owner may reclaim the property by paying all past-due taxes,expenses of sale,and interest. See also tax certificate.

References in periodicals archive ?
Clerk; buyer, Sabre Investments LLC; TAX DEED; PT SECS 27 28 & 33 T8SR10E (MINERALS).
If the property is a commercial property, and if the owner does not pay the unpaid taxes plus interest and penalties after service of the notice to redeem, the tax-lien purchaser can apply to the County Treasurer for a Tax Deed pursuant to which the Nassau County Treasurer conveys the subject property to the purchaser.
"Philippines Tax Deed" means the tax deed in relation to the Philippines Business;
The association then commenced litigation against the buyers to invalidate the tax deed and preserve the residents' right to use the swimming pool.
Finding that the tax buyer had complied with the code's notice provisions and had satisfied its statutory duty of diligent inquiry in attempting to locate the property owners, and because no redemption had been made, the circuit court directed the county clerk to issue the tax buyer a tax deed to the property.
Each year tax collectors and circuit court clerks across the state conduct tax deed sales to collect unpaid ad valorem real property taxes.
Seller, Gallatin County Clerk; buyer, ROC Enterprises LLC; Tax Deed; See Tax Deed (Minerals).
4.2 The Escheatment Tax Deed was recorded in December 30, 2011 in Official Record Book 4077, page 755 of the public records of Alachua County.
Seller, Gallatin County Clerk; buyer, William Groome; Tax Deed; PT Secs 20 21 28 & 29 T7SR8E (Mineral Interest).
Seller, Gallatin County Clerk; buyer, Curtis Farmer; Tax Deed; PT Sec 20 21 28 & 29 T7SR8E (Mineral Interest).
If the training was missed that we did last month on what tax lien and tax deed sales are coming up and how to pick the best place to invest, there is good news.
- What online tax lien sales and tax deed sales are going on now