Escrow & Title
In Ohio, a 'purchaser's certificate' in a tax lien sale process gives the purchaser:
AImmediate fee simple title to the property
BEvidence of their purchase of the tax lien, with the right to receive a tax deed if the owner does not redeem the lien in time✓ Correct
CThe right to evict the existing occupant immediately
DA certificate of title insurance
Explanation
When a tax lien is purchased at a county tax lien sale in Ohio, the purchaser receives a certificate of purchase. If the property owner fails to redeem (pay off) the lien within the redemption period, the purchaser can obtain a tax deed.
Related Ohio Escrow & Title Questions
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