County treasurer receives redemption payments and completes paper redemption form (included in Appendix B of this document). This form is then filed with the county register of deeds and payment of forfeited delinquent taxes, interest, penalties and fees is allocated to appropriate taxing units.

No further action is necessary.

Same process as above, only with additional fees attached ($175 per parcel fee plus 0.5% per month interest retroactive to 3/1 of previous year).

During the judicial portion of this process, property owners can redeem their interests by making payment in full up until 21 days after foreclosure judgment. The same action steps described in Procedure 2 apply here, with the exception of the fact that some individuals may simply choose to contest the delinquent taxes owed by appearing at the show cause hearing or contesting the circuit court hearing. They may also seek relief in the court of appeals (see Note 14 in this document).

This redemption procedure really doesn’t result in "redemption" at all, but does provide for property owners to receive monetary damages for the loss of their property.

If a judgment for foreclosure were entered, the owners of any extinguished recorded or unrecorded interest in the property would be prohibited from bringing an action for possession of the property against any subsequent owner, but could instead only bring an action to recover monetary damages. The court of claims would have original and exclusive jurisdiction in any action to recover monetary damages, and an action could not be brought more than two years after a foreclosure judgment was entered. Any monetary damages recoverable would be determined as of the date the foreclosure judgment was entered, and could not exceed fair market value of the property on that date.