Tax certificate

(Law) The certificate issued to the purchaser of land at a tax sale certifying to the sale and the payment of the consideration thereof, and entitling the purchaser upon certain conditions and at a certain time thereafter to a deed or instrument of conveyance (called a tax deed) of the land, to be executed by the proper officer.

tax certificate

When a property is sold for delinquent real estate taxes, the purchaser usually receives only a tax certificate. It is not a deed, nor does it transfer title to the property into the purchaser. Rather, it is a right to receive a deed when the statutory time period passes but only if the property owner has not paid all past-due taxes plus interest and costs.

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