Redemption
12 mo
Max interest
1%
You buy a deed, but the former owner can still redeem the property for a set period. The owner has 1 year from the sale to pay you back. You earn 1% interest a month. You win with the highest bid. Sales are held on a schedule that varies by county.
Sale type
32 V.S.A. 5252
https://legislature.vermont.gov/statutes/section/32/133/05252“The property will be sold at public auction on (date set for sale) unless the overdue taxes, fees, and interest in the amount of (dollar amount due) is paid.”
Redemption
32 V.S.A. 5260
https://legislature.vermont.gov/statutes/section/32/133/05260“within one year from the day of sale, pays or tenders to the collector who made the sale”
Interest
32 V.S.A. 5260
https://legislature.vermont.gov/statutes/section/32/133/05260“with interest thereon calculated at a rate of one percent per month or fraction thereof from the day of sale to the day of payment”
Bid method
32 V.S.A. 5252
https://legislature.vermont.gov/statutes/section/32/133/05252“Advertise forthwith such land for sale at public auction in the town where it lies three weeks successively in a newspaper circulating in the vicinity”
Sale timing
32 V.S.A. 5253
https://legislature.vermont.gov/statutes/section/32/133/05253“and so much of such lands will be sold at public auction at_______________________________________________________________________ a public place in such town, on the___________ day of_____________________ (month) ,___________ (year) at___________ o’clock___________ (am/pm), as shall be requisite to discharge such taxes with costs and fees”
Collector sells at public auction (32 V.S.A. 5252); 1-year redemption at 1%/month (5260). | Prose: redeemable deed | 1% per month | 1 year | public auction | varies by town
Collector sells at public auction (32 V.S.A. 5252); 1-year redemption at 1%/month (5260).
| County | FIPS | Platform | Health |
|---|---|---|---|
| Addison County | 50001 | — | not_started |
| Bennington County | 50003 | — | not_started |
| Caledonia County | 50005 | — | not_started |
| Chittenden County | 50007 | — | not_started |
| Essex County | 50009 | — | not_started |
| Franklin County | 50011 | — | not_started |
| Grand Isle County | 50013 | — | not_started |
| Lamoille County | 50015 | — | not_started |
| Orange County | 50017 | — | not_started |
| Orleans County | 50019 | — | not_started |
| Rutland County | 50021 | — | not_started |
| Washington County | 50023 | — | not_started |
| Windham County | 50025 | — | not_started |
| Windsor County | 50027 | — | not_started |