Related Definitions
What is a Tax Deed?
A deed that designates ownership of a property after it has been seized by a city or county government for lack of payment.
A legal document that conveys property ownership to a buyer after the previous owner fails to pay property taxes, resulting in a tax lien being enforced. Tax deeds are typically issued after a foreclosure sale, where the property is sold to recover unpaid taxes. Buyers of tax deeds may face risks, such as the potential for prior owners to redeem the property or existing liens that could affect their ownership rights. Tax deeds can be an opportunity for investors but require due diligence.
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Related Articles
Insights and advice on trust and probate estate litigation from our blog.
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Key Takeaways Introduction A trust is a legal arrangement established by the trust creator to transfer assets into the ownership of the trust, managed [...]
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Key Takeaways Introduction During the probate of high-value estates, business interests may cause several types of controversies among heirs or beneficiaries of the estate. [...]
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Key Takeaways Introduction Yes, you can live in a home during probate under select circumstances. However, this is not always the case. To be [...]
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California and Texas probate litigation law firm RMO LLP announced today that 7 of our attorneys have been included in the 2026 edition of [...]
California and Texas probate litigation law firm RMO LLP announced today that 7 of our attorneys have been included in the 2026 edition of […]
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California and Texas trust and estate litigation law firm RMO LLP is proud to announce that 3 of our partners have been included in [...]
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Key Takeaways Introduction Estate planning is a vital process for protecting your assets and ensuring your children and heirs have access to a respectable [...]
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Key Takeaways Introduction Probate is the legal process for settling a deceased person’s estate, either with or without a will. During an initial probate [...]
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Matthew A. Bourque, Managing Attorney of RMO LLP’s Dallas office, has been named to the 2025 Lawdragon 500 X – The Next Generation list. [...]
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Meghan M. Glaspy, Managing Partner of RMO LLP’s Orange County office, has been named to the 2025 Lawdragon 500 X – The Next Generation [...]
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Key Takeaways Introduction A trust is a valuable estate planning tool that can help you identify beneficiaries to receive assets after death. However, if [...]
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