What is the meaning of redemption period?

redemption period is a period of time established by state law during which a property owner has a right to redeem real estate after a foreclosure or tax sale by paying the sales price, interest and costs. Note that many states do not have such statutory redemption periods.

4
 
|15 years ago|570 views|share |citing 
APABarry Goldsmith. (2010). redemption period. Retrieved September 22, 2026, from http://smartdefine.org/redemption_period/definitions/1161981
ChicagoBarry Goldsmith. 2010. "redemption period" http://smartdefine.org/redemption_period/definitions/1161981 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, redemption period, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/redemption_period/definitions/1161981>.
MLABarry Goldsmith. "redemption period" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/redemption_period/definitions/1161981>