Escrow & Title
A 'tax certificate' issued in NC at a tax sale represents:
AA certificate of tax exemption
BThe purchaser's lien on the delinquent property, giving them the right to collect taxes plus interest before title passes✓ Correct
CA clear title to the property
DA receipt for property tax payment
Explanation
A tax certificate issued at a tax sale gives the purchaser a lien on the property for the delinquent taxes paid plus interest; after a redemption period, they may proceed to obtain a tax deed.
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