What are Tax Deed properties?

  • -
Time Value Assets LLC - The Florida Tax Deed Experts

What are Tax Deed properties?

Tags : 

Ready? Skip the read and join the network here to get started today!


Simply put, a tax deed is issued when a property owner fails to pay their County based tax bill for a period of time and the person (or company) that paid the taxes on the owners behalf, and which received a Tax Lien Certificate, waited the Statutory time until they felt the need to force the redemption through an action of foreclosure, (we’ll get into the time frames in another post).

When the Tax Lien Certificate Holder files the appropriate paperwork with the Clerk of the Court for that County and the full Statutory action of display, disclosure and announcements have been fulfilled the County will then proceed to publicly auction off the property at a Tax Deed foreclosure sale.

This is all done by Florida Statute(s), which makes it factually legal. By use of Florida Statute 197.522, the owner is legally and lawfully informed that there is a pending action against them regarding the property in questions outstanding tax debt liability. Further, they are informed of their legal right to redeem in F.S. 197.522(2)(a)(1). In fact, F.S.197.542 illustrates to us that the property owner has the ability to redeem the property by paying the debt all the way up to the time the successful bidder has paid the Clerk of the Court in full for the bid. At the time the bid is paid in full – that is when a Tax Deed is issued.


The Florida Statutes provide for every step of the Tax Deed Sale process. The Clerk of the Court for that particular County MUST follow procedure, or the property owner can come back and demand a recall and possibly redeem the property.

Property owners facing this situation would be well advised to seek and hire legal counsel if and when they get notice of a pending Tax Deed Sale, or even if their taxes have been secured by a Tax Lien Certificate.

So the answer to the question presented is found in Law in F.S. 197.562. The reader can CLICK HERE to follow and read the law that specifies exactly what we are stating so that they can be relaxed in knowing that they are covered by Law when investing in the Tax Deed arena.

Florida Statute 197.562 illustrates that the Grantee receives Immediate Possession rights to the transferred property.
Click The Image To Go The Florida Senate Website To See All Of Florida Statute 197


We buy Tax Deed properties either directly at the sale, or we may offer properties that another person (or company) that acquired it through auction wants to sell because believe it or not many people simply do not want to own the property, they invested in the Tax Lien Certificate only to make an ROI (Return On Investment).

We know how and where to find these people and then we negotiate a deal with them that will benefit them, us and you. That part of it sounds easy enough but it takes a while to learn where to look, to then cultivate those sources and then to know how to exactly acquire them and move them to other investors such as you.

We can also help investors such as yourself by acting as your proxy to get Tax Deed properties at the auctions, since this IS what we do Full-time (see disclaimer below). IF you choose to hire us to perform as a proxy bidder, possession will be taken using a LLC that allows us to be an Authorized Member which allows us to get paid, you will not be hiring Don as a licensee for that service.

* DISCLAIMER – Don Johnson is a Licensed Real Estate Broker acting in the capacity as an investor/principle in Time Value Assets LLC. You are not being represented in any manner whatsoever by Don Johnson as a real estate licensee. You are always advised to act in your own best interest and to consult with legal, and/or accounting professionals as you deem necessary to conduct business with or through Time Value Assets LLC.

Ready? Skip the read and join the network here to get started today!

Time Value Assets LLC is a Florida based company
Time Value Assets LLC owns and operates TimeValueAssets.com
Managing Member – Don Johnson
© 2014 All Rights Reserved on all materials contained on this website

Join Our Investor Network By Clicking Here Right Now!

About Author


Time Value Assets LLC (TVA) is a Florida based Limited Liability Company (LLC). Please refer to our legal links for reference to our Privacy Policy and other company wide policies. Thank you.

551943 US 1 Hilliard Fl 32046


Free Standing Building
For Sale
Listing provided by:
MORE Realty Services LLC
Call: Donald Johnson (407) 920-1182
Lic. R.E. Broker

Loopnet Premium Member

Search Our Listings

Contact Us Today!

Find A Home Value

Cost of a Loan


Join Our Network

Join our investor network today by clicking the image

Join our investor network today by clicking the image

Follow Us On:


View Tim Valins's profile on LinkedIn


View Our Assets


2099 SE 110th St Ocala Fl 34480 Is For Sale

Address: 2099 SE 110th St
City: Ocala, State: Florida Zip Code: 34480

  • Bedrooms: 2Beds
  • Bath rooms: 1Baths
  • SF (under roof): 567 apprx.Sq ft
View Listing
5048 Mcdonald Rd Zellwood Fl 32798 is for saleActive
BUY IT NOW$184,900.00 USD

5048 Mcdonald Rd Zellwood Fl 32798 Is For Sale

5048 Mcdonald Rd
Zellwood, FL 32798

  • 3Beds
  • 2Baths
  • 1,192Sq ft
View Listing

Florida Counties

Advice of the sages;

“A funny thing happens in real estate. When it comes back, it comes back up like gangbusters.”
Barbara Corcoran
Real estate investor

Hours & Info

Mon-Fri 9am - 5pm ET
Sat & Sun By Appt Only