Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

tax certificate

Read a random definition: content-based discrimination

A quick definition of tax certificate:

A tax certificate is a paper that proves someone bought a property at a tax sale. It allows the buyer to get a tax deed and take possession of the property after a certain amount of time. If the property owner pays the taxes owed, the tax certificate becomes invalid. A deed is a written document that shows who owns a piece of land or property. There are many different types of deeds, like a gift deed, mortgage deed, or warranty deed. Each type of deed has different rules and conditions.

A more thorough explanation:

A tax certificate is a legal document issued to the buyer of a property at a tax sale. It certifies the sale and gives the buyer the right to a tax deed and possession of the property after the redemption period expires. If the property is redeemed, the tax certificate becomes void.

For example, if John buys a property at a tax sale and receives a tax certificate, he has the right to a tax deed and possession of the property after the redemption period ends. However, if the previous owner pays the taxes and redeems the property, the tax certificate becomes void, and John loses his right to the property.

tax-benefit rule | Tax Court, U.S

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
LSD+ is ad-free, with DMs, discounts, case briefs & more.