After holding a tax certificate for 2 years, what action can the holder take?

The correct action after holding a tax certificate for two years is to apply for a tax deed. When someone purchases a tax certificate, they are essentially investing in the right to collect the delinquent taxes owed on that property along with interest. If the property owner fails to pay the owed taxes within a specified time frame, which typically includes a redemption period, the tax certificate holder has the right to take further action.

After holding that tax certificate for the required duration (in this case, two years), the certificate holder may apply for a tax deed. This application essentially transfers ownership of the property from the delinquent taxpayer to the certificate holder, allowing them to foreclose on the property and, ultimately, take possession of it if the taxes remain unpaid.

The procedure is governed by state laws, which detail the necessary steps for applying for a tax deed following the expiration of the redemption period. The other options listed do not accurately reflect the process governed by tax certificate rules in Florida. For instance, while foreclosing personally may seem like a logical route for property acquisition, the legal process requires specific actions through official channels. Similarly, redeeming the property is something an owner might consider, but it does not pertain to the certificate holder's actions after the two-year