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FREQUENTLY ASKED QUESTIONS ABOUT TAX
SALE
What is a Tax Sale Certificate?
A Tax Sale Certificate is a negotiable instrument purchased by
the successful Tax Sale Purchaser. The Tax Sale Certificate is
evidence that the Tax Sale Purchaser has purchased an
enforceable lien against the real property which accumulates
interest per annum at whatever the interest rate is for the
local jurisdiction and may ultimately lead to the acquisition of
the property. The minimum bid necessary to purchase a tax sale
certificate is usually listed beside each delinquent parcel in
the advertisement and includes gross tax, penalties and interest
including any applicable cost pertaining to the Tax Certificate
Sale.
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