§ 62. Same—Redemption.

(a)

Where sold to city. In all cases where the city has become the purchaser of any lot at any such sale as herein provided, the original owner, or his heirs or assigns, or anyone holding a lien thereon, may, within two years from the sale, redeem the same by paying to the collector of the city the amount for which the same was sold, and such additional taxes thereon as would have accrued to the city had it not been the purchaser, with interest on such purchase money and taxes at the rate of six per centum per annum from the time the same may have or would have been paid, and all costs of sale and also the additional sum of fifty cents as a fee for the receipt therefor; and the city collector upon such payment shall give the party paying the same a receipt acknowledging receipt of taxes, interest, penalties, and costs, which receipt shall state the name of the owner in whose name the property was assessed for the year or years in which sold, the number of the lot, the feet frontage, the location, the amount of the tax due for each year, the penalty, interest and costs, and which receipt shall be acknowledged before a notary public for the purpose of providing for the satisfaction of the taxes on the delinquent land books and sale books in the clerk's office as provided in section sixty-one of this Charter.

(b)

Where sold to others. The owner of any real estate so sold to others than the city, his heirs or assigns, or any person having a right to charge such real estate for a debt, or any person having interest in said real estate by way of reversion, remainder or otherwise, may redeem the same by payment to the purchaser, his heirs or assigns, within two years from the sale thereof, of the amount for which the same was sold (including the fifty cents fee for a certificate of purchase), and such additional taxes thereon as may have been paid by the purchaser, his heirs or assigns, with interest on the purchase money at the rate of six per centum per annum from the time the same may have been paid, or the same may be paid within the said two years, to the collector in any case in which the purchaser, his heirs or assigns, may refuse to receive the same, or may not reside or cannot be found in the city.

(Acts 1946, ch. 381, p. 721)

(Acts 1946, ch. 381, p. 721)