Redemption Period
Interest / Penalty Rate
Auction Format
Subsequent Taxes
Other!
100

The redemption period in Indiana is ________ year(s).

What is 1 year?

100

What is the maximum interest rate earned annually on a Florida tax lien?

What is 18%?

100

The tax lien auction format in Illinois is _________.

What is bid down interest?

100

This is the rate that subsequent tax liens earn interest at in Illinois.

What is 12%?

100

From the date a tax lien is purchased in Indiana, what is the soonest that the 4.5 notice can be sent out?

What is 30 days?

200

The redemption period in Louisiana is _______ year(s).

What is 3 years?

200

This is the penalty interest rate earned on tax liens in Rhode Island.

What is 10%?

200

True or false: the overbid on a Missouri tax lien is refundable.

What is true?

200

This is the annual interest rate that subsequent tax liens earn in Missouri.

What is 8%?

200

This is the shortest amount of time that foreclosure can be filed on Alabama tax liens after the notice of intent to foreclose the right of redemption is sent out.

What is 30 days?

300

The redemption period in Colorado is _______ year(s).

What is 3 years?

300

This is the interest rate earned on expenses incurred on tax liens in West Virginia.

What is 12%?

300

True or false: New Jersey tax lien sales move to a bid up premium format after a tax lien certificate is bid down to 0% interest.

What is true?

300

How much higher is the interest rate on subsequent tax liens in Iowa than Kentucky?

What is 12%?

300

True or false: the overbid on Colorado tax lien certificates earns interest?

What is false?

400

True or False: West Virginia has a longer redemption period than Iowa.

What is false?

400

This is the statutory floor interest rate on tax liens in Colorado.

What is 8%?

400

Name all of the states on our study guide that have a bid down ownership format.

What is Rhode Island, Iowa and Lousiana?

400

What is the penalty interest rate earned on subsequent tax liens in Louisiana?

What is 5%?

400

Tax liens on property declared vacant in Maryland can be filed for foreclosure upon after what time period?

What is 60 days?

500

What is the maximum redemption period length in Tennessee?

What is 1 year?

500

What is the maximum interest rate that one can earn on an annual basis on tax liens in Illinois?

What is 18%?

500

At what percentage of assessed value does the high bid premium concept kick in at in Maryland tax sales?

What is 40%?

500

Excluding Indiana, name all of the states on our study guide where subsequent taxes cannot be paid.

What is Mississippi, South Carolina and Tennessee?

500

Out of all of the states on our tax lien study guide, which state has the highest annual interest rate on its tax lien certificates?

What is Iowa?

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