What must a defaulted property owner pay to recover their property after a tax sale?

To recover their property after a tax sale, a defaulted property owner is generally required to pay fees and charges associated with that sale. This often includes not just the back taxes owed but also additional fees incurred during the tax sale process, such as administrative costs, legal fees, and any penalties that may have accrued due to the default.

Choosing fees and charges recognizes that property recovery in this context is not solely about paying off the taxes owed, but also involves addressing the initial costs that the municipality invests in bringing the issue to a legal resolution. This can include services rendered during the tax sale as well as any associated lien or interest on overdue payments.

While arrearages and penalties could seem valid, they are typically encompassed within the broader term "fees and charges." Current market value and security deposits are not relevant in this context, as recovering property does not depend on its market value post-sale or involve any form of deposit requirement. Thus, understanding the comprehensive requirements for recovery in relation to fees and charges is essential for navigating real estate transactions involving tax sales.