tax certificate


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tax certificate

When a property is sold for delinquent real estate taxes, the purchaser usually receives only a tax certificate. It is not a deed, nor does it transfer title to the property into the purchaser. Rather, it is a right to receive a deed when the statutory time period passes but only if the property owner has not paid all past-due taxes plus interest and costs.

References in periodicals archive ?
The tax certificate shall not be issued more than six months before the offer deadline.
They do not, however, allow for issuing the tax certificate, which becomes available once the final TRN has been issued.
In a statement issued on Saturday, the Authority called on all businesses and stakeholders in the UAE to carry out commercial or other transactions using TRNs provided by businesses, urging them not to require tax certificates in order to ensure smooth operations and minimise disruption of work.
A tax certificate is issued by the FTA after a successful VAT registration with the authority.
The FCC's lone Democratic Commissioner, Mignon Clyburn, has found a friend in Congress in support of her quest to have the minority tax certificate returned for radio and TV broadcasters.
All Norwegian suppliers shall present tax certificate for VAT and tax certificate in accordance with the Public Procurement Regulations 3-3 / 8-7 / 17-14.