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Tax Sales and Quiet-Titles

Posted by: Malcolm Futhey III at  Friday, January 18, 2019

In Tennessee, the cities and counties have the power to foreclose on properties with outstanding property taxes through a tax sale. Tennessee statutes allow one (1) year after the foreclosure for the original owner to pay all delinquent taxes and other fees to redeem ownership of the property. Tenn. Code Ann. § 67-5-2702(a). If the original owner does not exercise his right of redemption, then the purchaser at the tax sale has “an assurance of perfect title to the purchaser of such land.”  Tenn. Code Ann. § 67-5-2504(b). However, these properties still come with clouded titles and are unmarketable for quite some time because of inability to obtain title insurance. In many cases, marketability may be restored if the new property owner files a quiet title action. The Futhey Law Firm has handled many simple as well as complex quiet-title actions and has helped owners restore marketability to the properties. If you have any questions regarding the process, feel free to contact us to discuss.

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