Right of Redemption in Pennsylvania
Petition for Redemption
A petition for redemption under 53 P.S. Section 7293 is a legal basis to recover a property sold at tax lien sheriff sale. Every year in Philadelphia, the Office of the Sheriff of Philadelphia with the city auctions properties with unpaid taxes. While the properties are sold at tax lien sheriff sales at discount rates they often come with drawbacks for investors. One of those drawbacks is the right of redemption, effectively allowing a prior owner to repurchase the property at the sheriff sale price plus ten per cent.