What is the difference between a tax deed and a tax statement? Do we need to provide a copy of the tax deed for the listing process?

What is the difference between a tax deed and a tax statement? Do we need to provide a copy of the tax deed for the listing process?

A tax deed and a tax statement are two different documents related to property taxes:

  • Tax Deed: This is a legal document that transfers ownership of a property to the government due to unpaid property taxes. It is typically issued after a tax sale, where the government auctions off the property to the highest bidder. Once a tax deed is issued, the original owner loses ownership of the property.
  • Tax Statement: This is a document that shows the amount of property taxes owed for a specific period. It is typically issued annually by the local tax assessor's office.

Uploading a Tax Deed

Your Houzeo listing agent will only ask you to upload a tax deed depending on the specific requirements based on the sale condition of your listing. However, in most cases, you would not need to upload a tax deed. A tax deed indicates a change of ownership, and if the property has been sold through a tax sale, the new owner would be responsible for providing proof of ownership, such as a deed or title.