States › Louisiana
In Louisiana, the tax collector or treasurer will sell hybrid tax deeds subject to the property owners three (3) year right to redeeem. The original owner may redeem by paying the purchase price plus 12% per annum and a 5% penalty.
Tax Sale Type: Hybrid Tax Deed. (Sec. 47:2183
).
Interest Rate and/or Penalty Rate: 12% per annum plus 5% penalty. (Sec 47:2224.
).
Bid Procedure: Premium bid / highest bid.(Sec. 47:2183
).
Redemption Period: Three (3) years. (Sec. 47:2183 (a)
).
Law: Louisiana Constitution, Title 47, Subtitle III, Chapter 5, "Tax Sales and Redemptions." ![]()
Additional Notes:
Record the Tax Deed. According to (Sec. 47:2183 (A)
) the purchaser must file the deed 'for record in the conveyance office in the parish in which the property is situated.' to begin the countdown of home owners three (3) year right to redeem.
Obtaining a writ of possession. Louisiana is unique in that the purchaser of the hybrid tax deed can request immediate possession of the property before the expiration of the home owners three (3) year right to redeem has expired.
Sec. 47:2185Immovable property; putting in possession
'Upon the presentation of a certified copy of a tax deed for immovables to any judge of competent jurisdiction (such jurisdiction to be determined by the value of the immovables therein described and not the amount of the taxes), the judge shall in chambers grant an order of seizure and possession, commanding the sheriff to seize such property and place the purchaser in actual possession thereof; a writ of possession shall be issued thereon by the clerk, but the purchaser may take actual possession without such order, with the consent or acquiescence of the tax debtor or otherwise, provided no force or violence shall be used.'
AL | AK | AZ | AR | CA | CO | CT | DE | FL | GA | HI | IA | ID | IL | IN | KS | KY | LA | ME | MD | MA | MI | MN | MS | MO | MT | NE | NV | NH | NJ | NM | NY | NC | ND | OH | OK | OR | PA | RI | SC | SD | TN | TX | UT | VT | VA | WA | WV | WI | WY
Get Our Free Monthly Newsletter
You're busy and keeping tabs of the tax lien and tax deed industry is time-consumming. As a valued subscriber of our free newsletter, you'll receive insightful industry articles, auction alerts and much, much more. Learn more.
Browse Our Educational Materials
We know you want to learn more about this incredible investment. Which is why we've worked hard to bring you only the best instructional products, tools and resources. Learn more.
Creating Wealth Without Risk™
The Ultimate Guide For Earning 16% to 300% With Safe, Certain and High-Yielding Tax Liens.
Includes Over $200 In Valuable Bonuses.
Click here to learn more about this offer.