Subsequent Years' Taxing

After June 15 of each year, all tax lien sale certificate holders have first option to pay any subsequent years' taxes which remain unpaid on properties for which they hold liens. These tax liens are endorsed on the original certificate at the same guaranteed rate of return. Information is mailed to the investor around the first week of August for subsequent payments.

A Treasurer's deed [45KB pdf] may be issued three years from the original date of sale on a Certificate of Purchase. Certificate holder must:

• Surrender original certificate
• Complete treasurer's deed application form
• Remit appropriate deed fees

Deed application involvement:

• Property owner of record is notified of deed application and given two weeks to redeem before deed procedures start.
• At this point, if the certificate has not been redeemed, the certificate holder will be notified that a $500 deposit is required to continue deed application. No interest is earned on the deposit.
• Remittance of $500 deposit covers:
  • advertising fees
  • certified mail fees
  • title search fee
  • miscellaneous legal fees
• Current year assessed taxes, any subsequent tax liens, and all county held liens must be paid prior to issuance of deed. If redemption is made before deed issuance, all redemption money and deposits will be returned to the investor.