2015.07.13 Council Agenda Item 03
Summary
Order to authorize the Town Manager to execute a quit claim deed for Map R06, Lot 083, Block 006
A public comment period will be included with this item (3 minutes).
ACTION: Council action is anticipated.
Description
The outstanding taxes and the current taxes have been paid through June 30, 2015.
On September 19, 2012, a Tax Collector's lien certificate was filed in the Cumberland County Registry of Deeds creating a "Tax Lien Mortgage". After the Tax Collector's Lien certificate is recorded, the property may be redeemed within 18 months only by full payment of tax, interest, and fees. If the tax lien mortgage, interest, and costs have not been paid 18 months after filing of the tax lien certificate, the mortgage is automatically foreclosed and the right of redemption has expired. For the taxpayer to regain title to the property, all the taxes, interest and fees must be paid to date and a quit claim deed must be executed and filed at the Cumberland County Registry of Deeds.