Sheriff's Deed


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Sheriff's Deed

A document giving ownership rights in property to a buyer at a sheriff's sale (a sale held by a sheriff to pay a court judgment against the owner of the property). A deed given at a sheriff's sale in fore-closure of a mortgage. The giving of said deed begins a Statutory Redemption period.

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Title is usually recovered by sheriff's deed with temporary redemption rights.
The petition to fix fair market value must be filed within six months of the date of delivery of the sheriff's deed (although it would be more prudent to file it within six months of the actual sale.
Potential buyers can find those properties by researching public records for Trustees or Sheriff's Deeds (type of deed issued to buyer at foreclosure by a Trustee Sale or Sheriffs Sale) or from foreclosure information providers like http://www.