Real Estate Law
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All properly joined defendants will have their interests wiped out once a tax deed sale has been completed. That is, any lienholders on the property have to be given notice of the tax deed sale and properly joined as defendants. But the liens will be wiped out. Another consideration is that title companies are very reluctant to underwrite a policy with a tax deed unless there's also a "quiet title" filed on that. That's essentially a court order saying that you own the property free and clear. So even IF you have the property free and clear, if you want to sell the property in the future to someone who will be financing or otherwise wanting to have title insurance, the tax deed is not the final step. Getting a lawyer to file a quiet title action would be, and you should consider the additional costs (especially if you're buying this for investment purposes and looking to sell in the near future). If you're looking to rent it out, then that process is not necessary at the beginning (but would still need to be when you want to sell).
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