Tax Deed
Tax Deed means:
an instrument given to a grantee by a government that has claimed a property for unpaid taxes.
Example of Tax Deed:
Learn more about tax examples, explanations and calculations here.
A city acquired a parcel of land because the former owner failed to pay Ad Valorem taxes on it. When the city auctioned the land, Baker, the highest bidder, received a tax deed as evidence of ownership.
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