Redemption Period

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August 25, 2024 3 min read Definitions
Tax Sale: Property Auction Due to Unpaid Taxes
Finance Real Estate Tax Sale Property Taxes Redemption Period Tax Deed
A Tax Sale refers to the sale of a property after a period of nonpayment of taxes. The grantee receives a Tax Deed. In many states, the defaulting party has a redemption period to repay the owed taxes, interest, and associated costs to reclaim the property.
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