Florida Statute 197.472 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XIV
TAXATION AND FINANCE

Chapter 197
TAX COLLECTIONS, SALES, AND LIENS

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F.S. 197.472

197.472 Redemption of tax certificates.—

(1) A person may redeem a tax certificate at any time after the certificate is issued and before a tax deed is issued unless full payment for a tax deed is made to the clerk of the court, including documentary stamps and recording fees. The person redeeming a tax certificate shall pay the tax collector the face amount plus all interest, costs, and charges.

(2) When a tax certificate is redeemed and the interest earned on the tax certificate is less than 5 percent of the face amount of the certificate, a mandatory minimum interest of an absolute 5 percent shall be levied upon the face value of the tax certificate. The person redeeming the tax certificate shall pay the interest rate due on the certificate or the 5 percent mandatory minimum interest, whichever is greater. This subsection applies to all county-held tax certificates and all individual tax certificates except those with an interest rate bid of zero percent.

(3) The tax collector shall receive a fee of $6.25 for each tax certificate redeemed.

(4) A portion of a certificate may be redeemed only if such portion can be ascertained by legal description and the portion to be redeemed is evidenced by a contract for sale or recorded deed. The tax collector shall make a written request for apportionment to the property appraiser, and within 15 days the property appraiser shall furnish the tax collector a certificate apportioning the value to that portion sought to be redeemed and to the remaining land covered by the certificate.

(5) After a tax certificate is redeemed, the tax collector shall pay to the owner of the tax certificate the amount received by the tax collector less the redemption fee within 15 business days after the date of receipt of the redemption. Along with the payment, the tax collector shall identify the certificates redeemed and the amount paid for each certificate. However, if the tax collector pays the certificateholder electronically, the certificates redeemed and the amounts paid for each certificate shall be provided electronically by facsimile or electronic mail.

(6) Nothing in this section shall be deemed to deny any person the right to redeem any outstanding tax certificate in accordance with the law.

(7) The provisions of subsection (4) do not apply to collections relating to fee timeshare real property made pursuant to s. 192.037.

History.—s. 183, ch. 85-342; s. 4, ch. 86-141; s. 58, ch. 94-353; s. 44, ch. 2011-151; s. 5, ch. 2014-211.

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Amendments to 197.472

Arrestable Offenses / Crimes under Fla. Stat. 197.472

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 197.472.

Annotations, Discussions, Cases:

Cases Citing Statute 197.472

Total Results: 8

Ashear v. Sklarey

Court: District Court of Appeal of Florida | Date Filed: 2018-03-07

Citation: 239 So. 3d 786

Snippet: 197.122, Florida Statutes (2010), and section 197.472, Florida Statutes (2010). Ashear prevailed on

Ashear v. Sklarey

Court: District Court of Appeal of Florida | Date Filed: 2018-01-17

Citation: 247 So. 3d 574

Snippet: the applicable statutes at issue are section 197.472(1), Florida Statutes (2010), and section 197.122(1)

Turnberry Investments, Inc. v. Streatfield

Court: District Court of Appeal of Florida | Date Filed: 2010-11-24

Citation: 48 So. 3d 180, 2010 Fla. App. LEXIS 18006, 2010 WL 4740313

Snippet: the court below nullified the tax deed. See § 197.472, Fla. Stat. (2010)[6]; Crocker v. Pleasant, 778

Cason v. FLORIDA DEPT. OF MANAGEMENT SERVS.

Court: Supreme Court of Florida | Date Filed: 2006-11-16

Citation: 944 So. 2d 306, 2006 WL 3313749

Snippet: ("Sale of tax certificates for unpaid taxes"); § 197.472, Fla. Stat. (2006) ("Redemption of tax certificates")

Santana v. Metropolitan Dade County

Court: District Court of Appeal of Florida | Date Filed: 1994-05-31

Citation: 641 So. 2d 117, 1994 Fla. App. LEXIS 5214, 1994 WL 234519

Snippet: taxes are paid.” Id. § 197.-522(l)(b). Subsection 197.472(1) provides that upon redemption, the redeeming

Ocean 80 Resort Homeowners Ass'n v. Knight

Court: District Court of Appeal of Florida | Date Filed: 1994-02-15

Citation: 633 So. 2d 63, 1994 Fla. App. LEXIS 954, 1994 WL 45348

Snippet: (1991) and upheld in Southards. Moreover, section 197.472(8), Florida Statutes (1991) expressly provides

Walker v. Palm Beach Commerce Center Associated, Ltd.

Court: Supreme Court of Florida | Date Filed: 1993-03-11

Citation: 614 So. 2d 1097, 18 Fla. L. Weekly Supp. 141, 1993 Fla. LEXIS 329, 1993 WL 64632

Snippet: redeemed pursuant to the provisions of section 197.472, Florida Statutes (1991). This appears to be an

Ago

Court: Florida Attorney General Reports | Date Filed: 1990-11-01

Snippet: penalties and costs owed by the property owner, s. 197.472, F.S., requires a minimum of five percent of the