Certificate of Sale

Concept of Certificate of Sale in the context of Real Property

A short definition of Certificate of Sale: Certificate issued to the buyer at a judicial sale (such as a tax sale), which will entitle the buyer to a deed upon confirmation of the sale by the court or if the land is not redeemed within a specified time.

Concept of Certificate of Sale in the context of Real Property

A short definition of Certificate of Sale: Certificate issued to the buyer at a judicial sale (such as a tax sale), which will entitle the buyer to a deed upon confirmation of the sale by the court or if the land is not redeemed within a specified time.