When redemption money is received, the collector should notify the lien holder when?

• A. Immediately
• B. Within 5 days
• C. After 10 days
• D. After 30 days

Answer: (A)

When redemption money is received, notify the lien holder immediately. This step is essential because redemption ends the lien and starts the process of disbursing funds to the lien holder. Prompt notification lets the lien holder confirm the amount due, review and approve the release or other required documents, and ensures the lien is discharged without unnecessary delay. Delaying notification can stall the release, keep the lien in place longer than necessary, and may run afoul of statutory timeframes, potentially causing confusion or disputes about the funds. Quick communication protects the lien holder’s rights and ensures a smooth, timely discharge of the lien.