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What is the Life of a Tax Certificate

Tax Certificates are dated as of the first day of the Tax Certificate Sale and have a life of seven years computed from that date. Upon the expiration of the appropriate period of limitation, no action may be maintained by any private holder in any court of the state. The holder of any Tax Certificate, at any time after two years have elapsed since April 1, of the year of issuance of the Tax Certificate and before the expiration of the appropriate period of limitation, may submit a Tax Deed Application to the Tax Collector of the county where the real estate described in the Tax Certificate is located.

Tax Certificates can be canceled or reduced if errors, omissions, or double assessments are made. Canceled or reduced certificates receive 8% interest, or the actual amount bid, whichever is less.

Putnam County Tax Collector