Order to authorize the Town Manager to execute a quit claim deed for parcel U23-013.
ACTION: Council action is anticipated.
On September 15, 2005 a Tax Collector's lien certificate was filed in the Cumberland County Registry of Deeds creating a "Tax Lien Mortgage". After the Tax Collector's Lien certificate is recorded the property may be redeemed within 18 months only by full payment of tax, interest, and fees. If the tax lien mortgage, interest, and costs have not been paid 18 months after filing of the tax lien certificate then the mortgage is automatically foreclosed and the right of redemption has expired. In order for the taxpayer to regain title to the property all the taxes, interest and fees must be paid to date and a quit claim deed must be executed and filed at the Cumberland County Registry of
Deeds. On September 13, 2010 the 2004, 2005, 2006, 2007, 2008, 2009 taxes and associated fees and interest were paid in full.