What Is A Tax Deed In Florida

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If the Florida tax lien certificate remains unredeemed it is scheduled for a public auction tax deed sale in the County Courthouse by the Clerk of Circuit Court. The bidder with the highest bid at the Florida tax deed sale is awarded the owner of the property.

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The tax certificate holder will pay the documentary stamp and recording fees to the Clerk. A tax deed will be issued and recorded by the Clerk. A non-refundable $200 deposit issued to the Clerk is required at the time of the sale.

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According to Florida Statute 197.562, the grantee of any tax deed shall be entitled to the immediate possession of the lands described in the deed. If a demand for possession is refused, the tax deed owner may apply to the circuit court for a writ of assistance upon 5 days’ notice directed to the person refusing to deliver possession.

A tax deed is a legal document that grants ownership of a property to a government body when the property owner does not pay the taxes due on the property. A tax deed gives the government the authority to sell the property to collect the delinquent taxes and transfer the property to the purchaser.

Florida Documentary Stamp Taxes and Recording Costs for Deeds People who transfer real estate by deed must pay a transfer fee. This fee …

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Transfers between spouses do not require a transfer tax. In the states of California, Hawaii, Nevada or Florida change of ownership due to divorce is by deed. The deed updates the public database of o…

For example, if 2013 taxes are delinquent April 1, 2014; therefore, a tax deed application may be made after April 1, 2016. In applying for a tax deed, a certificate holder must redeem all other certificates and pay all applicable fees. The public auction selling the property is referred to as a Tax Deed Sale (FS 197.542).