tax deed

tax deed
tax deed see deed

Merriam-Webster’s Dictionary of Law. . 1996.

tax deed
Relevant only for a share purchase. Can be separate document or part of the acquisition agreement. Its main purpose is to protect the buyer against tax liabilities of the target company that relate to events arising on or before completion.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


tax deed
A written instrument that provides proof of ownership of real property purchased from the government at a tax sale, conducted after the property has been taken from its owner by the government and sold for delinquent taxes.

Dictionary from West's Encyclopedia of American Law. 2005.


tax deed
A written instrument that provides proof of ownership of real property purchased from the government at a tax sale, conducted after the property has been taken from its owner by the government and sold for delinquent taxes.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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Look at other dictionaries:

  • tax deed — noun : a deed in the form required by statute evidencing the statutory rights and title acquired by the grantee as purchaser of the property described at its sale for nonpayment of a tax compare tax certificate, tax sale, tax title * * * tax… …   Useful english dictionary

  • Tax Deed — A legal document that grants ownership of a property to a government body when the property owner does not pay the taxes due on the property. A tax deed gives the government the authority to sell the property to collect the delinquent taxes and… …   Investment dictionary

  • tax deed — tax deeded, adj. a title deed issued by a public authority to the purchaser of property sold for the nonpayment of taxes. Cf. tax certificate. [1860 65] * * * …   Universalium

  • Tax deed sale — A tax deed sale is the forced sale, conducted by a governmental agency, of real estate for nonpayment of taxes. It is one of two methodologies used by governmental agencies to collect delinquent taxes owed on real estate, the other being the tax… …   Wikipedia

  • tax deed — A deed evidencing the conveyance of title to premises sold at a sale for the nonpayment of taxes assessed thereon, which is ordinarily executed by the tax collector and by him delivered to the purchaser at the sale. In some jurisdictions the deed …   Ballentine's law dictionary

  • deed — 1 n 1: something done: act (1) my free act and deed 2: a written instrument by which a person transfers ownership of real property to another see also deliver …   Law dictionary

  • deed of tax covenant — deed of tax covenant/tax deed Relevant only for a share purchase. Can be separate document or part of the acquisition agreement. Its main purpose is to protect the buyer against tax liabilities of the target company that relate to events arising… …   Law dictionary

  • tax certificate — n: a certificate issued to the purchaser of property at a tax sale that certifies the sale and entitles the purchaser to a tax deed upon expiration of the period for right of redemption if all taxes and charges have been paid voided the tax… …   Law dictionary

  • Tax certificate — (Law) The certificate issued to the purchaser of land at a tax sale certifying to the sale and the payment of the consideration thereof, and entitling the purchaser upon certain conditions and at a certain time thereafter to a deed or instrument… …   The Collaborative International Dictionary of English

  • Tax system in China — Taxes provide the most important revenue source for the Government of the People s Republic of China. As the most important source of fiscal revenue, tax is a key economic player of macro economic regulation, and greatly affects China s economic… …   Wikipedia

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