How Long Does A Former Owner Have to Redeem The Property?
The former owner of a property sold at a tax sale has a minimum of 12 months from the date of sale to redeem the property. Thereafter, if the holder of the tax deeds sends the appropriate notices concerning Notice of Foreclosure of the Right of Redemption and the former owner does not redeem, the right to redeem is forever barred. The statute for redemption is technical and must be followed to the letter for a proper redemption to occur. OCGA 48-4-45 Notice of foreclosure of right to redeem; time; persons entitled to notice. (a) After 12 months from the date of a tax sale, the purchaser at the sale or his heirs, successors, or assigns may terminate, foreclose, divest, and forever bar the right to redeem the property from the sale by causing a notice or notices of the foreclosure, as provided for in this article: (1) To be served upon all of the following persons who reside in the county in which the property is located: (A) The defendant in the execution under or by virtue of which the
