Legal Definitions - tax deed

A tax deed is a legal document that grants ownership of a property to a government entity or individual as a result of unpaid property taxes. It is a type of deed that is issued by a government agency after a property owner fails to pay their property taxes for a certain period of time.

For example, if a property owner fails to pay their property taxes for three years, the government may issue a tax deed to transfer ownership of the property to the government entity or individual who purchased the tax deed.

Another example is if a property owner dies without heirs or a will, the government may issue a tax deed to transfer ownership of the property to the government entity or individual who purchased the tax deed.