tax deed

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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 ?
The buyers claimed that their title under the tax deed was unassailable because, under F.
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.
To learn more about investing in tax liens and tax deeds, Mr.
5) The clerk must send notice of the upcoming tax deed sale by certified mail return receipt requested to each of the persons listed on the tax collector's statement.
Beginning November 1, 2011, interested parties can register, place bids, and take an online training course in how to participate in the online tax deed sale process by visiting the new tax deed sale website at www.
Every month Joanne hosts a webcast that answers peoples questions about one aspect of investing tax liens or tax deeds.
Our office looks forward to increasing the efficiency of our tax deed sales," said Weiss.
Property23's employees include seasoned investors, real estate professionals, and tax lien and tax deed specialists, with combined experience of more than 55 years in successful real estate investing.
com)-- The Tax Deed Sales home study course has just been updated with another video tutorial for the New York and Louisiana online tax deed sales.
Sean Whalen is the CEO of Property23, which invests in tax deed and bank owned foreclosure properties.
Part II shows how to protect your investment in a tax lien or tax deed and how to maximize the return.
D2D has even created a secondary market for tax lien certificate and tax deed holders.