Tax sale glossary
Homestead
A property that is the owner's primary residence, which often carries legal protections. In a Florida tax deed sale, a homestead parcel's opening bid adds one-half of its latest assessed value, which raises the floor price and cools investor demand.
Go deeper: How Florida tax sales work.
Related terms
- Tax deed
- A deed issued through a property-tax sale process. Its effect depends on the applicable law, interest sold and sale record. Review remaining claims, possession and insurance requirements before assuming the deed provides clear title.
Tax Sale Atlas publishes educational information about public tax sale processes. This is not legal, financial, or investment advice. Rules, dates, and fees change; confirm with the county office before you bid.
See the term in a real sale
Open a state to watch these concepts play out in an actual sale calendar and rule set.