Escrow & Title
When a property in Arkansas is sold for delinquent taxes, the original owner has a right of redemption for:
A30 days after the tax sale
BA statutory period (typically 2 years in Arkansas) after the tax sale✓ Correct
C6 months only
DNo right of redemption exists in Arkansas
Explanation
Arkansas provides a statutory right of redemption after a tax sale. The original owner (or certain other parties) may redeem the property by paying all back taxes, penalties, interest, and costs within the statutory period, typically 2 years.
Related Arkansas Escrow & Title Questions
- Delivery and acceptance of a deed is significant because:
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