Tax sale glossary
Over-the-counter (OTC)
The purchase of certificates or parcels that went unsold at auction, directly from the county at a fixed price with no bidding. In Florida, unsold certificates become county-held certificates at 18 percent, and unsold deed parcels go on the Lands Available list.
Go deeper: Over-the-counter tax liens.
Related terms
- County-held certificate
- A Florida tax certificate that received no bid at the annual sale and was struck to the county at the full 18 percent. Any buyer can purchase it over the counter afterward at face value plus 1.5 percent per month plus a fee.
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.
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