![]() |
|
| Home -> Departments -> Property Records & Taxation -> FAQs -> Notice of Expiration of Redemption |
|
|
|
Property Records & Taxation Home Page Disabled Veteran Market Value Exclusion Notice of Expiration of Redemption Understanding Your Property Assessment
|
FAQs - Notice of Expiration of RedemptionQ1. What does “redemption” mean? “Redemption” means the act or process to redeem by paying the total delinquent tax amount to remove the tax judgment lien on the property and to avoid the impending loss of the property. Q2. What happens if delinquent taxes are not paid before the redemption period expires? Failure to pay the delinquent tax amount before the redemption period expires results in the property forfeiting to the state in trust for the local taxing districts. Q3. Who is notified of the expiration of redemption? All parties with a legal interest in the property. Q4. What methods are used to notify parties with a legal interest in the property? - Posting of notice –
primarily for mortgages and lien holders Q5. What determines if the redemption period is 3 or 5 years? The length of time depends on the classification and the location of the property when the tax judgment was taken. Q6. What are the payment options to pay the delinquent tax amount before forfeiture of the property ? - Pay all delinquent taxes in a single lump sum Q7. What is the definition of “Total Delinquent Tax Amount”? - Unpaid delinquent real
property taxes page last updated -
04/17/2009 |
This is the official Web site of Anoka County Government. Copyright © 2006 Anoka County. |
For information about Anoka County Government programs, use the contact information provided in each program description. For all other questions about this Web site, use Feedback to contact the Webmaster. |
|