About tax certificates and tax liens in osceola county florida?
Feb 07, 2010 in
Questions And Answers
I don’t undestand when this, can some one explain me? DO LIENS SURVIVE THE ISSUANCE OF A TAX DEED?
FloridaStatute 197.552 provides, in part, “..except as
specifically provided in this chapter, no right,
interest, restriction, or other convenant shall survive
the issuance of a tax deed, except that a lien of
record held by a municipal or county government
unit, when such lien is not satisfied as of the
disbursement of proceeds of sale under the
provisions of s.197.582, shall survive the issuance
of a tax deed…”
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One comment
Bostonian In MO on February 7, 2010 at 8:55 am
Basically it means that any mortgage lien or mechanic’s lien would be killed by the tax deed. For this reason, mortgage holders and other lien holders are generally lined up at the tax sales to preserve their rights.
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