State Summary
- Tax Collection Method: Deeds
- Tax Collection Entity: Varies
- Property/Tax Records Administrator: Varies
- Taxes Due: Varies
- Taxes Delinquent: Varies
- Tax Sale Date/Period: Monthly sales are possible in New Castle and Sussex counties, and Kent County typically holds a sale in January, April, July, and October
- Tax Sale Registration Requirements: Bidder registration card and a pre-sale deposit ranging from $2000-$5000, which is applied toward any purchases or returned if no purchase is made
- Tax Sale Administrator: County Sheriff
- Primary Bidding Type: Premium
- Redemption Period: 60 days
- Redemption Interest Rate/Flat Penalty: 15% simple interest per annum
- Over-the-Counter Sale Opportunities: None
Delaware is a "redeemable" tax deed state. Investors receive interest on purchased tax deeds if they are redeemed by the property owner within the 60-day redemption period. Tax deed sales in Delaware are also called "Sheriff Sales" or "Monition Sales".
Delaware County Reference