Arkansas redemption deed. (a) If the owner or redeemer redeems the tax-delinq...
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Arkansas redemption deed. (a) If the owner or redeemer redeems the tax-delinquent parcel, the Commissioner of State Lands shall issue: (1) A redemption deed in the name of the owner and record it in the county wherein the parcel is located; and (2) A redemption receipt to the redeemer. Redemption of tax-delinquent parcels. (b) The fee for the redemption deed and the fee for recording the deed shall be borne by the owner. The deed shows that the state's interest is extinguished by the Redemption. Key features include the identification of the property, the amount paid to (a) (1) In all cases where real property is sold under an order or decree of the circuit court or a court exercising circuit jurisdiction in the foreclosure of mortgages and deeds of trust, the mortgagor or his or her heirs or legal representatives shall have the right to redeem the property so sold. (b) A redemption deed shall: (1) Serve as proof that payment under § 26-37-302 has been received by the Commissioner of State Lands Dec 21, 2024 · Explore the process and legal nuances of redeeming tax-delinquent properties in Arkansas, including associated costs and implications. Buyers may pay by personal or business check, credit or debit card, or cashier’s check or money order. (a) If the owner redeems the tax-delinquent land, the Commissioner of State Lands shall issue a redemption deed and record it in the county wherein the land is located. Understanding these deeds is critical, as they influence property ownership rights and financial investments. County Reports County reports include monthly redemption and sales reports, tax turnback reports, excess proceed turnback reports and recording fee reports.
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