What does redeemable mean in a tax sale?

作者：匿名 • 更新时间：2022-04-19 01:10:27

Where a property is redeemable, you only receive a Certificate of Sale for taxes in the near term after the sale. The tax-assessed owner typically has six months to “redeem” the property. If he pays up the taxes and interest/charges, the property will be redeemed and the Certificate of Sale will be cancelled.