Does a Tax Deed give you title?

You’ve just purchased a tax deed from the county tax commissioner, do you own the property? No, not really. You will need to foreclose on the right to redeem unless the prior owner or a lienholder pays you your bid amount plus 20%.  You are probably asking, “If I foreclose on the right to redeem, do I now own the property?” Sort of.  If you wish to sell the property, you will likely have to file a quiet title lawsuit.  A quiet title lawsuit involves retaining a special master, performing title searches, and legal notices being sent to prior owners and other lien holders. Unfortunately, it is a complex undertaking.

Met Lane has handled countless quiet title actions from start to finish. Let us help you in acquiring a marketable title to the property you’ve just purchased with a tax deed so you can sell it. We are experts.