| 释义 |
Tax Deed
Tax DeedA written instrument that provides proof of ownership of real property purchased from the government at a Tax Sale, conducted after the property has been taken from its owner by the government and sold for delinquent taxes. tax deed
Tax DeedAn instrument proving ownership of a piece of real estate purchased in a government tax sale. That is, if a government confiscates property due to lack of payment of taxes and then sells it to another party, the tax deed proves the other party's ownership.tax deedA deed issued to the successful purchaser at an auction for unpaid real estate taxes, but only after passage of a predetermined period of time during which the owner may reclaim the property by paying all past-due taxes,expenses of sale,and interest. See also tax certificate. AcronymsSeeTXD |