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Tax Deed

What is 'Tax Deed'

A legal document that grants ownership of a property to a government body when the property owner does not pay the taxes due on the property. A tax deed gives the government the authority to sell the property to collect the delinquent taxes and transfer the property to the purchaser. Such sales are called "tax deed sales" and are usually held as auctions where the minimum bid is the amount of back taxes and fees owed.

Explaining 'Tax Deed'

In order to acquire a tax deed, the taxing authority, often a county government, must go through a series of legal steps, including notifying the property owner, applying for a tax deed, posting a notice at the property and posting a public notice. The exact steps that must be taken will vary in accordance with local and municipal laws.


Further Reading


Land-based finance and property tax in China
www.tandfonline.com [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

Institutions, property taxation and local government finance in ChinaInstitutions, property taxation and local government finance in China
journals.sagepub.com [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

Describing complex charitable giving instruments: Experimental tests of technical finance terms and tax benefitsDescribing complex charitable giving instruments: Experimental tests of technical finance terms and tax benefits
onlinelibrary.wiley.com [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

Fiscal decentralization and economic growth in ChinaFiscal decentralization and economic growth in China
www.journals.uchicago.edu [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

Tax deed sales and land banking to reuse vacant and abandoned propertiesTax deed sales and land banking to reuse vacant and abandoned properties
www.emerald.com [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

China's emerging tax regime: Local tax farming and central tax bureaucracyChina's emerging tax regime: Local tax farming and central tax bureaucracy
books.google.com [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

The homevoter hypothesis: How home values influence local government taxation, school finance, and land-use policiesThe homevoter hypothesis: How home values influence local government taxation, school finance, and land-use policies
www.jstor.org [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

Acres for Cents: Delinquent Tax Auctions in Frontier IowaAcres for Cents: Delinquent Tax Auctions in Frontier Iowa
www.jstor.org [PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …

On the Issue Of the Title Deed Of the Qing Dynasty <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-FJSX200306018.htm' />On the Issue Of the Title Deed Of the Qing Dynasty [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-FJSX200306018.htm'>PDF]
… The objective is to shed a light on the importance of a property tax in China's future municipal finance framework and housing markets and the feasibility of property taxation … are responsible not only for all public service functions but also for economic development and …



Q&A About Tax Deed


What are some steps that must be taken in order to acquire a tax deed?

The taxing authority, often county government, must go through a series of legal steps including notifying the property owner, applying for a tax deed, posting notice at the property and posting public notice.

What is a tax deed?

A legal document that grants ownership of a property to a government body when the property owner does not pay the taxes due on the property.

Who can buy properties with delinquent taxes through auctions?

Anyone who has enough money to pay off back taxes and fees owed by purchasing such properties at auction.

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