Legal Question in Real Estate Law in Florida
Tax Certificate Lien/Deed
If I purchase a Tax Certificate Lien on deliquent property taxes and the property has a mortgage how does that affect owning the property when the two years are up and I can obtain the Tax Deed. Will I be responsible for the mortgage on the property?
Asked on 5/22/02, 9:44 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: Tax Certificate Lien/Deed
All liens, other than government liens, will be wiped out. Should you be able to buy the property you will not have to pay the mortgage.
Answered on 5/23/02, 10:24 am