Property Ownership

What is a 'tax deed' in Delaware?

AA deed that records the taxes paid on the property
BA deed issued to a purchaser at a tax sale when the prior owner failed to pay property taxes✓ Correct
CA deed that conveys property subject to existing tax liens
DA deed used in estate transfers to minimize estate taxes

Explanation

A tax deed is issued to the purchaser at a tax sale — a court-ordered sale of property due to the prior owner's failure to pay property taxes. The title conveyed may have significant legal challenges from prior owners.

Related Delaware Property Ownership Questions

Practice More Delaware Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Delaware Quiz →