Taking Title (Instrument of Taking) must be filed by which date?

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Multiple Choice

Taking Title (Instrument of Taking) must be filed by which date?

When a tax sale results in taking title, the document that transfers ownership (the Instrument of Taking) must be filed to perfect the purchaser’s title. The filing deadline is set by statute and is the end of the third calendar year after the tax year in question. In practical terms, you must get that deed recorded by December 31 of the third year after the tax year. This three-year window protects the purchaser’s interest by ensuring the title is perfected in time, while delays beyond that period can invalidate or jeopardize the transfer. Filing earlier wouldn’t complete the process within the statutory timeline, and filing later would exceed the allowed period, risking loss of the rights to take title.

When a tax sale results in taking title, the document that transfers ownership (the Instrument of Taking) must be filed to perfect the purchaser’s title. The filing deadline is set by statute and is the end of the third calendar year after the tax year in question. In practical terms, you must get that deed recorded by December 31 of the third year after the tax year. This three-year window protects the purchaser’s interest by ensuring the title is perfected in time, while delays beyond that period can invalidate or jeopardize the transfer. Filing earlier wouldn’t complete the process within the statutory timeline, and filing later would exceed the allowed period, risking loss of the rights to take title.

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