Are you considering investing in Florida tax deeds? We don’t only offer tax deed title certification; we’re also consistently gathering Florida-specific information, statistics and legal insights for tax deed investors. Our attorneys recently produced this white paper outlining some of the statutes and case law regarding these properties which illustrate the unique opportunities that Florida tax deeds offer. Feel free to browse the entire document below or skim our summary! The following summary is intended for general information purposes only. Please see the complete document above for all statutory and case law references. There are many public services that necessitate the sale of tax deeds. Without property tax income, these services can suffer. Furthermore, neglected properties (as tax deeds often are) can blight the community in other ways both cosmetic and even dangerous in nature. The tax deed sales process in Florida can occur after non-payment of property taxes …

2020 was a year of immense challenges and adaptation for many industries and businesses. The Florida real estate market, and the tax deed market within, were not immune to these difficulties and necessary changes in procedure. In the tax deed market, the first bit of aftermath was felt in the auctions as county facilities closed to the public and their staff moved to home offices. Some tax deed auctions were not canceled but delayed. In some areas there were calls to allow for relief to homeowners that may have ordinarily redeemed their properties before auction and could not do so due to new unforeseen costs and concerns. Duval County actually had a lawsuit filed that prevented their tax deed sales from resuming until October. In 11 of the top tax deed counties in Florida, we analyzed auction data to observe a snapshot of trends during the pandemic’s most pertinent months, as auctions were consistently running throughout the state in November and December. Number of Tax Deeds…

Home buying comes with all sorts of unknowns. From seeing the property online, to viewing in person, to exposing the details of the title history, the road is often filled with surprises. Once under contract, the title company’s work begins, and a whole new string of unusual circumstances can arise. So what’s an agent to do when the title company calls and informs the buyer that their future home was once sold on the tax deed auction? Most people (beyond the title agent) would not know why that’s an issue, but a tax deed in the back chain means the property cannot get title insurance, and therefore the buyer cannot obtain a mortgage. Once the shock subsides, all parties in the transaction would probably wonder why that would be the case. A tax deed sale requires meticulous noticing of the owners, allowing them ample time to redeem their property before the auction. But even after the auction, prior owners or their heirs can attempt to make claims on that property, and acti…

Taking the right measures at the time of the sale can prevent headaches.  Improper tax deed vesting (the legal assignment of title and ownership of a property) is a common mistake. Scenarios can include everything from invalid LLC’s to misspelled names. Take a few minutes to save yourself thousands of dollars in legal fees and months of time by getting this right from the start. First, if the clerk issues a wrongly assigned deed due to their error, then you can likely amend this with a corrective deed.  A mistake by the clerk on a recorded tax deed is referred to as a scrivener’s error. Some examples include: Errors in the legal description of the property. Misspelling or incomplete name of the tax deed purchaser. If the error was your own, then the Clerk will inform you that they cannot change it. A misspelling of your company name on a tax deed can be a major problem. It means the tax deed is invalid, as the LLC on the document does not exist as a register…