Escrow & Title
In Louisiana, a 'tax certificate' (also called a tax sale certificate) represents:
AProof of payment of property taxes
BA purchaser's interest in property acquired at a tax delinquency sale, subject to the owner's right of redemption✓ Correct
CA government guarantee of clear title after a tax sale
DAn exemption certificate from property taxation
Explanation
A tax certificate represents the interest acquired by the purchaser at a Louisiana tax delinquency sale. The certificate holder has paid the delinquent taxes and gains a claim on the property, subject to the original owner's 3-year right of redemption.
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