The Many Uses Of County Deeds

Before 1850, 9 out of 10 adult males owned land. This was an vital aspect of life. There can be a Grantor/Grantee Index or Index to Real-Estate Conveyances in every county in the United States. Most index methods aren’t this comprehensive!

In land record research, it truly is initial necessary to understand the distinction between a deed along with a grant or patent. It is the first action that occurs as well as the first evidence observed in researching land records. A land deed will be the transfer of land from 1 person, or entity to another. It occurs following the original grant.

In all 67 Alabama counties, property taxes are due October 1 and grow to be delinquent on January 1 the following year. Once property taxes turn out to be delinquent for a property, a tax lien is placed on the property till the taxes are paid in full by the property owner. All Alabama tax lien sales take location in late April or early May. In Jefferson County alone, Alabama’s largest county, over 4000 tax lien certificates worth over $2 million are sold. In the State of Alabama, the guaranteed interest earned on a tax lien certificate is 12 % per annum, starting the day of the tax lien sale.

What can you locate in old land deeds that could assist you in your research?

Generally, the tax lien sales are held on the county courthouse steps and the premium bidding process is used. Starting at the minimum bid, investors take turns bidding up the tax lien certificates till there is only 1 investor remaining who is willing to pay the highest “premium” on the tax lien certificate. Most Alabama county tax auctions begin on a Monday and they’ll continue on consecutive days till all land parcels have been publicly offered.

At very first you might appear at a land record and only see names, but no essential details like birth dates, death dates, marriage dates or children. This may perhaps discourage you from using land records in family history research. Land records are solid proof of where your ancestor lived at a certain time, offered you’ve an notion of what county they may well have lived in. Many times a wife’s name is mentioned on the land records resulting from her legal dower rights, which automatically gave her 1/3 of the land after her husband’s death. Land records go farther back in history than any other form of record, and so are a lot more comprehensive. They’re all associated to the deed research. After 1900, a deed will even provide you with the exact address of a property!

The purchaser of a tax lien certificate has the right, but not the obligation, to pay subsequent property taxes on the property every October 1. If the purchaser holds on to the tax lien certificate, pays all subsequent property taxes for a full 3 years following the initial tax sale, and also the property owner (or other interested party) does not redeem the property (pay all accumulated taxes), the tax lien certificate holder has a ideal to the tax deed on the property.

All tax lien certificates that didn’t receive any bids at a county tax sale are assigned to the State of Alabama. These tax lien certificates are normally referred to as Over-the-Counter (OTC) or Assignment Buying liens. The very same “redemption period” is used for these tax lien certificates, which indicates any tax lien certificates that have been in State inventory for over three years will likely be supplied as tax deeds. Both tax liens and tax deeds in Alabama’s state inventory are available for buy by any private investor. For an OTC tax lien/tax deed checklist from every single Alabama county, go to the Alabama Department of Revenue Property Tax page.

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The Many Uses Of County Deeds

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