Free Tax Liens

Connecticut is a Tax Deed hybrid state. The interest rate is 18%. The redemption period is 1 year.

The full state statute for Connecticut tax deeds is Connecticut State Statute 12-157.

Within two weeks after the tax sale, which occurs June of every year, county collectors executes a deed to the purchaser or municipality. The deed is not recorded for one full year. If the owner pays within that year, they must pay the total amount paid by the purchaser, plus 18%. If the owner does not redeem, the deed is recorded and the purchaser gets the property.

Some issues with Connecticut include for example the city of New Haven. New Haven only sells property liens to qualified buyers in very large bulk sales. Therefore, individual investors are in effect frozen out unless they have access to large amounts of funds.

Sign up for our yearly subscription of $9.95 to get our book Investing In Tax Liens and access to our list of tax assessors offices.

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