Who has no right to redeem?

Study for the Tax Collection Exam with flashcards and multiple choice questions, each with hints and explanations. Get ready for your exam!

Multiple Choice

Who has no right to redeem?

Explanation:
Redemption rights after a tax sale are available to those who have a recognized financial or legal interest in the property, such as the owner or others with a lien or mortgage on the property. These parties can reclaim the property during a specified period by paying the amount due, including taxes, interest, penalties, and costs. Squatters, however, have no legal or recorded interest in the property and did not contribute to the taxes or hold a lien; because of that lack of a protected stake, they do not have a right to redeem.

Redemption rights after a tax sale are available to those who have a recognized financial or legal interest in the property, such as the owner or others with a lien or mortgage on the property. These parties can reclaim the property during a specified period by paying the amount due, including taxes, interest, penalties, and costs. Squatters, however, have no legal or recorded interest in the property and did not contribute to the taxes or hold a lien; because of that lack of a protected stake, they do not have a right to redeem.

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