US Laws, Codes, Statutes & Cases

 
    § 11-407 Redemption. a. After the filing of a list of delinquent taxes
  and  until  a date at least ten weeks after the first publication of the
  public notice of foreclosure,  as  determined  by  the  commissioner  of
  finance  and  specified in the said notice, a person claiming to have an
  interest in any parcel in said list may redeem it by  paying  all  taxes
  and  charges  contained  in  said list of delinquent taxes together with
  interest and penalties thereon.
    b. Upon such redemption the commissioner of finance shall  deliver  to
  the  corporation  counsel  a  certificate of redemption. The corporation
  counsel shall file such certificate with the  clerk  of  the  county  in
  which  said  list  was  filed.  The  filing  of  such  certificate shall
  constitute and be deemed a discontinuance of the in rem action as to the
  affected  parcel,  and  the  county  clerk  shall  thereupon  note  such
  redemption  and  discontinuance  in  the  copy of the list of delinquent
  taxes maintained by him or her adjacent  to  the  county  clerk's  block
  index  of  notices  of pendency of action and shall cancel and discharge
  any notations of the filing of said list of delinquent taxes as to  said
  parcel  that may appear in any other books, records, indices and dockets
  maintained in said clerk's office. The  commissioner  of  finance  shall
  also  deliver  a  duplicate  original  certificate  of redemption to the
  person who has redeemed.
    c. When the time to redeem in an in rem  tax  foreclosure  action  has
  expired, any person claiming to have an interest in a parcel included in
  said  action  shall  have the right to make a late redemption payment to
  the commissioner of finance. Such late redemption payment shall  consist
  of  all  taxes  and  charges  owing  on said parcel, the lawful interest
  thereon to the date of payment and a penalty of  five  percent  of  said
  payment of taxes, charges and interest, which penalty may not exceed one
  thousand dollars as to each parcel on which a late redemption payment is
  being  made.  Such  late  redemption payment shall be made in cash or by
  certified or bank check and shall be accepted  by  the  commissioner  of
  finance at any time after the last day to redeem up to the date on which
  the  commissioner  is  advised  by  the  corporation  counsel  that  the
  preparation of the judgment of foreclosure in the in rem action has been
  commenced.  Upon  receipt  of  such   late   redemption   payment,   the
  commissioner of finance shall issue a certificate of withdrawal pursuant
  to the provisions of section 11-413 of this chapter.