How is a Tax Deed Application made?
A. At the time of application, the certificate holder (applicant) pays any other outstanding taxes as well as a title search fee and a tax deed application fee. All of the unpaid taxes and fees are then combined with the applicant’s certificate, and interest is earned at the rate of 18% per annum. This interest begins accumulating at 1-1/2% per month, beginning the month after the application date.
