Definition: A Florida tax certificate represents a lien for delinquent real property taxes and related charges, sold through the statutory collection process.
Example
An investor buys a tax certificate and may receive the required redemption payment if the lien is redeemed.
Keep the distinction clear
A certificate is not a deed and does not give immediate ownership or possession. Any later tax-deed application and sale require additional statutory steps and deadlines.
Related terms
Tax Lien (Property Taxes) · Tax Deed · Creditor
Keep studying
Homestead Exemptions and Property-Tax Math
References: Florida Statutes 197.432: tax certificate sales
Pronunciation (US): taks ser-TIF-ih-kuht (capitals show stress)
Pronunciation reference: Merriam-Webster
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