What is the tax deed process?
top The holder of a Tax Certificate may at any time after two years have elapsed from April 1st of year of issuance of the Tax Certificate and before the expiration of seven years from the date of issuance, file a Tax Deed Application with the Tax Collector. The Certificate Holder must pay the Tax Collector all amounts required for redemption or purchase of all other outstanding Tax Certificates, any omitted taxes, current and delinquent taxes, plus interest and fees. The Tax Collector will certify to the Clerk of the Circuit Court a list of all persons required by law to be notified prior to the sale of the property and a certification of monies involved in the application. The Clerk will notify the Tax Deed Applicant of the required deposit for advertising and other costs. After all necessary advertising and noticing, the Clerkâs Office will schedule a Tax Deed Sale date. The Tax Deed Applicant receives 18% per annum interest on the application, beginning the month after application
