GA
The investor buys a deed to the property, but the former owner keeps a window to redeem and reclaim title.
Sale type
Redeemable deed
Redemption
12 mo
Interest / penalty
Redemption premium · 20%
Sale timing
Monthly
Rules in plain English
Sale type
Redeemable deed
The investor buys a deed to the property, but the former owner keeps a window to redeem and reclaim title.
O.C.G.A. § 48-4-42 (tax deed); § 48-4-40 (redemption)
“the amount paid for the property at the tax sale, as shown by the recitals in the tax deed”official source ↗
Redemption period
12 mo
12 months (1 year) from the sale date
Interest / penalty
Redemption premium · 20%
A redemption premium of 20% applies.
O.C.G.A. § 48-4-42(a)(3)
“A premium of 20 percent of the amount for the first year or fraction of a year”official source ↗
Bid method
Highest bid
The parcel or lien goes to the highest bidder at auction.
O.C.G.A. § 48-4-1 (tax execution sales as judicial sales); § 9-13-161
“between the hours of 10:00 A.M. and 4:00 P.M., and at public outcry”official source ↗
Sale schedule
Monthly
Sales are held monthly.
O.C.G.A. § 9-13-161 (via § 48-4-1)
“sales of property taken under execution shall be made by the sheriffs or coroners only at the courthouse of the county where the levy was made on the first Tuesday in each month”official source ↗
Redemption detail
- Base period
- 12 months (1 year)
- Starts from
- the sale date
- Notice days
- Not documented
- Exceptions
- Not documented
Interest schedule
| From month | To month | Rate | Label |
|---|---|---|---|
| 0 | 12 | 20% | first year |
| 12 | — | 10% | each year thereafter |
Bidder process
- 01When a tax execution is levied, the property is advertised and sold in the same manner as provided for executions and judicial sales (48-4-1(a)(1))
- 02Sales of property taken under execution are held at the courthouse of the county where the levy was made on the first Tuesday of the month, between 10:00 A.M. and 4:00 P.M., at public outcry (9-13-161(a))
- 03A sale for taxes due may be conducted by the tax commissioner or tax collector, or a duly authorized officer, either in the tax office or at another location identified in the notice, and the notice is posted in a conspicuous location in the appropriate courthouse (48-4-1(a)(3))
- 04The property is sold to the highest bidder; the purchaser may pay by cash, cashier's check, or certified check (9-13-166)
- 05The deed or bill of sale made by the sheriff to the purchaser at the tax sale is as valid as if made under an ordinary execution (48-4-6)
- 06The defendant in fi. fa. or any person with a right, title, interest, or lien may redeem the property within 12 months from the date of the sale, or later until the right to redeem is foreclosed (48-4-40)
- Registration
- Not documented
- Registration mode
- Not documented
- Registration deadline
- Not documented
- Registration fee
- Not documented
- Deposit required
- Not documented
- Deposit amount
- Not documented
- Deposit percent
- Not documented
- Deposit refundable
- Not documented
- Sale format
- in_person
- Payment deadline
- Not documented
- Payment methods
- cash, certified_funds
- Residency required
- Not documented
O.C.G.A. 9-13-161(a)
“Unless otherwise provided, sales of property taken under execution shall be made by the sheriffs or coroners only at the courthouse of the county where the levy was made on the first Tuesday in each month, between the hours of 10:00 A.M. and 4:00 P.M., and at public outcry; provided, however, that, should the first Tuesday of the month fall on New Year's Day or Independence Day, such sales shall take place on the immediately following Wednesday.”official source ↗
O.C.G.A. 48-4-1(a)(1)
“Except as otherwise provided in this title, the sale of real or personal property under a tax execution shall be made in the same manner as provided for judicial sales; provided, however, that in addition to such other notice as may be required by law, in any sale under a tax execution made pursuant to this chapter, the defendant shall be given ten days' written notice of such sale by registered or certified mail or statutory overnight delivery.”official source ↗
O.C.G.A. 48-4-1(a)(3)
“A sale for taxes due may be conducted by the tax commissioner or tax collector or his or her duly authorized officer and may be held in the office of the tax commissioner or tax collector or at such other location as may be identified in the notice required by this Code section. Such notice shall also be posted in a conspicuous location in the appropriate courthouse.”official source ↗
O.C.G.A. 9-13-166
“Purchasers at judicial sales need not tender cash but, as an alternative, may tender a cashier's or certified check which is drawn for the amount of the purchase price and which is issued by or certified by any financial institution insured by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation.”official source ↗
O.C.G.A. 48-4-6
“The deed or bill of sale made by the sheriff to the purchaser at a tax sale shall be just as valid as if made under an ordinary execution issuing from the superior court.”official source ↗
O.C.G.A. 48-4-40
“Whenever any real property is sold under or by virtue of an execution issued for the collection of state, county, municipal, or school taxes or for special assessments, the defendant in fi. fa. or any person having any right, title, or interest in or lien upon such property may redeem the property from the sale by the payment of the amount required for redemption, as fixed and provided in Code Section 48-4-42: (1) At any time within 12 months from the date of the sale; and”official source ↗
Notes
Tax deed sold under a tax execution; 12-month redemption (O.C.G.A. 48-4-40 to -48). Official Georgia Code portal (legis.ga.gov); the Official Code is also published in volumes. | Prose: redeemable deed | 20% premium first year; 10% each year thereafter | 12 months | highest bidder at public outcry | first Tuesday of each month