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.
If you need legal assistance regarding leases or landlord / tenant disputes, contact us today to schedule a consultation. We will work around your schedule, including evenings and weekends. To contact us, call 770-834-4107.