August 21, 2023
If I purchase a property and there is a redemption period, can I enter the property before the redemption period is up?
If the sale notice indicates there is a redemption period, that is the amount of time that the defendant has the right to redeem the real estate after the sale. If the defendant makes redemption, this must be completed at the Tama County Clerk of Court’s Office.
If you purchase property with a redemption period, you will be issued a certificate of purchase. When the redemption period is up, and the property has not been redeemed by the defendant, you may then return the original certificate of purchase to the sheriff, and you will then receive a Sheriff’s Deed.
It is very important that you do not lose the original certificate of purchase. If you lose it, you will not receive a sheriff’s deed until you get a court order directing the sheriff to issue you a duplicate certificate of purchase. (626.96) If you fail to have a sheriff’s deed issued within 8 years after the date of issuance of the certificate of purchase, the sheriff sale will be canceled. (626.97)
