The certificate issued to the purchaser of land at a tax sale certifying to the sale and the payment of the consideration thereof, and entitling the purchaser upon certain conditions and at a certain time thereafter to a deed or instrument of conveyance (called a tax deed) of the land, to be executed by the proper officer.
A certificate from the appropriate taxing authority giving the status of real estate taxes or other assessments affecting the property.
A certificate issued by a government as evidence of the conditional transfer of title to tax-delinquent property from the original owner to the holder of the certificate. If the owner does not pay the amount of the tax arrearage and other charges required by law during the specified period of redemption, the holder can foreclose to obtain title. Also called tax sale certificate and tax lien certificate in some jurisdictions.
a lien against real estate (not the owner) and becomes the basis upon which a Tax Deed Application is filed
a lien for the amount of delinquent taxes plus
a lien on property created by payment of the delinquent taxes due
a lien on the real estate (not the owner) and becomes the basis upon which a Tax Deed Application can be filed
an interest bearing first lien representing unpaid delinquent real property taxes
a statutorily created lien on real property
a tax lien against the property
Charged by taxing authorities to present certification showing that the current year's taxes were paid.
A first-lien instrument offered for sale by the Tax Collector through competitive bid to pay delinquent taxes. A tax certificate expires seven (7) years from the date issued.
This certificate includes a breakdown of how much interest and insurance was paid, as well as total repayments to the home loan account over a certain period.
A certificate issued by a municipality showing that the taxes have been paid.
A lien representing unpaid delinquent real property taxes, non-ad valorem assessments, including special assessments, interest, and related costs and charges. Â The amount of the certificate is the sum of the unpaid real estate tax and the non-ad valorem assessments, penalties, advertising costs and fees. The tax certificate represents a lien on unpaid real estate properties. Interest accrues on the tax certificate from June 1.
At the time of a sale, the lawyer for the buyer must confirm that local taxes have been paid up to date. If they are, a Tax Certificate is issued, from which any adjustments can be made - usually requiring the buyer to compensate the seller for any prepaid taxes. If they are not up to date, the municipality requires that the seller pay them off from the proceeds of the sale. If there are insufficient proceeds, then it may fall upon the buyer to pay them.
A tax certificate represents a lien on real property and bears interest at a maximum rate of 18% per year. The cost to purchase a certificate is listed beside each parcel in the delinquent advertisement and includes gross tax, interest, advertising cost and the cost of the Tax Certificate Sale. A tax certificate does not convey ownership to a property. Rather, it entitles a purchaser to full payment by a delinquent taxpayer of the full certificate amount paid at the time of auction plus interest. The percentage interest varies from state to state. If taxes remain delinquent (period of time varies by state), a purchaser has a right to foreclose on their certificate with the hopes of attaining ownership of a property.
this is another name for a resale certificate.
A Tax Certificate can also be a Certificate issued by the County or other taxing entity stating the amount of taxes due on real estate. This certificate is issued on current properties or delinquent properties, which have not gone for tax sale.
A tax certificate is issued annually on September 1st for all properties that have unpaid current year taxes. It represents a lien on the property on behalf of the county. This is the first step of the tax foreclosure process per Wisconsin Statutes. The certificate must be held by the County for two years before foreclosure action can be started. Payment of the entire delinquency for that tax year voids the certificate.