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tax certificate

noun
1.
a document issued to the purchaser of property sold for unpaid taxes attesting to the holder's right to eventual receipt of the title deed.
Compare tax deed.
Origin
1875-1880
1875-80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for tax certificate
  • The tax certificate represents a lien on unpaid real estate properties.
  • If the business is purchased by a new owner, the new owner is required to apply for an occupational tax certificate.
  • The place, date and time of the tax certificate sale.

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10
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