Author: bpijanow

  • What Is the “Right of Redemption”?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. The “right of redemption” is a former owner’s legal right to…

  • What Is a “Tax Deed”?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. A “tax deed” is the document that transfers ownership of a…

  • What Is a “Tax Sale”?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. A “tax sale” is the public auction of a property to…

  • What Is a “Tax Suit”?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. A “tax suit” is a lawsuit filed to collect delinquent property…

  • What Is a “Tax Lien”?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. A “tax lien” is a legal claim against a property for…

  • What Are “Penalties and Interest” on Property Taxes?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. When property taxes go unpaid, the balance doesn’t just sit there;…

  • What Does “Delinquent” Mean for Property Taxes?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. “Delinquent” is the word that turns a property tax bill from…

  • What Is an “Ad Valorem” Tax?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. “Ad valorem” is a Latin phrase meaning “according to value,” and…

  • Warranty Deed vs. Quitclaim Deed: What’s the Difference?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. A “deed” is the document that transfers ownership of real estate…

  • What Do “Clear Title” and “Cloud on Title” Mean?

    Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter. “Title” refers to legal ownership of a property, and you’ll often…