What must a homeowner do if their property is sold for unpaid taxes?

When a property is sold for unpaid taxes, the homeowner has the right to redeem the property. This means they can reclaim their property by paying off the owed taxes along with any applicable penalties and interest within a certain period after the sale. The redemption process allows homeowners an opportunity to regain ownership before the new owner can take full control of the property.

In Arizona, this period can vary, but it often lasts for several years, depending on the circumstances. During this time, the original homeowner has the capability to recover their property by settling their tax debt. This process is crucial because it provides a safeguard for property owners against losing their home due to tax delinquency and allows them to rectify their financial situation.

While other options may relate to different circumstances in the real estate process, they do not directly address the specific steps needed after a property is sold due to unpaid taxes. The option about filing for an exemption typically pertains to seeking tax relief before any sale occurs, while paying a penalty fee may not apply in this situation since the sale itself resolves the outstanding taxes. Submitting a complaint does not provide the homeowner with a necessary action to reclaim their property after it has been sold at tax auction.