Review the important risks, responsibilities, and legal disclosures before purchasing a Florida tax certificate.
Purchasing a tax certificate involves financial and legal risks. Before participating in a tax certificate sale, buyers are responsible for conducting their own research and understanding the terms and conditions of the investment.
No Guarantee of Property Ownership or Title
- A tax certificate does not transfer ownership of the property.
- A tax certificate represents a lien for unpaid property taxes, not a deed or certificate of title.
- The Miami-Dade County Office of the Tax Collector makes no representations regarding the property's condition, ownership, title status, or market value.
Buyer's Responsibility
Before purchasing a tax certificate, buyers should independently research the property, including:
- Ownership and title history.
- Existing liens, mortgages, or other encumbrances.
- Property condition, zoning requirements, and land use restrictions.
The Tax Collector's Office does not provide legal, financial, or investment advice.
Risks to Consider
- Additional liens or legal claims may exist against the property.
- The property may have little or no market value or legal access.
- Interest earnings depend on redemption and are not guaranteed.
- Bankruptcy proceedings, litigation, or other legal actions may affect the tax certificate.
No Warranties
All tax certificates are sold as-is. No express or implied warranties are provided regarding the property, title, or investment outcome.
Important Reminder
By participating in a tax certificate sale, the buyer acknowledges that they:
- Understand the risks associated with purchasing tax certificates.
- Have conducted their own due diligence.
- Accept the terms and conditions governing the sale.
