tax certificate

noun

: a certificate issued to the purchaser of property at a tax sale that certifies the sale and entitles the purchaser to a tax deed upon expiration of the period for right of redemption if all taxes and charges have been paid
voided the tax certificate when it was determined that the original owner was exempt from paying the delinquent taxes

called also tax sale certificate

compare tax deed at deed

Dictionary Entries Near tax certificate

Cite this Entry

“Tax certificate.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/tax%20certificate. Accessed 28 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!