The Following Information is for Real Property Only
Redemption payment is made to the Treasurer for the amount of delinquent taxes, delinquent interest, advertising fees, any late fee, and any other additional costs incurred during the tax lien process. Payments will only be accepted from the owner, his agent, or any other person having a legal or equitable claim against the property at any time before the execution of a Treasurer's Deed. If an application for a Treasurer's Deed has been accepted, additional fees may be due upon redemption. (Please see Treasurer's Deed for additional information regarding the deed process).
All Redemption Payments Must Be Made by Cash and / or Certified Funds
Interest is calculated on a monthly basis. Therefore, the amount due changes monthly. Postmarks are NOT acceptable. The Commissioner of Banking establishes the annual rate of redemption interest based on nine points above the Federal discount rate. The interest rate was 10% for the 2011 tax lien sale and will be set in September for the 2012 tax lien sale.
Upon payment, the Treasurer shall issue a Certificate of Redemption. The Certificate includes the legal description of the tract of land redeemed, the date of redemption and the amount paid. The Redemption Certificate will be mailed to the party making payment.