Nature of Title:
The right, title, and interest of the taxpayer (named previously on this form) in and to the property is offered for sale
subject to any prior valid outstanding mortgages, encumbrances, other liens in favor of third parties against the taxpayer
that are superior to the lien of the United States. All property is offered for sale “where is” and “as is” and without recourse
against the United States. No guaranty or warranty, express or implied, is made as to the validity of the title, quality,
quantity, weight, size, or condition of any of the property, or its fitness for any use or purpose. No claim will be considered
for allowance or adjustment or for rescission of the sale based on failure of the property to conform with any expressed or
implied representation.
Redemption
Rights:
The rights of redemption, as specified In Internal Revenue Code section 6337, Redemption of Property, are quoted as
follows:
Sec. 6337(a) Before Sale
Any person whose property has been levied upon shall have the right to pay the amount due, together with the expenses
of the proceeding, if any, to the Secretary at any time prior to the sale thereof, and upon such payment the Secretary shall
restore such property to him, and all further proceedings in connection with the levy on such property shall cease from the
time of such payment.
Sec. 6337(b) Redemption of Real Estate After Sale
(1) Period. — The owners of any real property sold as provided in section 6335, their heirs, executors, or
administrators, or any person having any interest therein, or a lien thereon, or any person in their behalf, shall be
permitted to redeem the property sold, or any particular tract of such property at any time within 180 days after the sale
thereof.
(2) Price. — Such property or tract of property shall be permitted to be redeemed upon payment to the purchaser, or
in case he cannot be found in the county in which the property to be redeemed is situated, then to the Secretary, for the
use of the purchaser, his heirs, or assigns, the amount paid by such purchaser and interest thereon at the rate of 20
percent per annum, compounded daily.
How to Redeem Property
1. If the purchaser is in the county where the asset is located, contact the purchaser to advise of intent to redeem the
property.
2. You must pay the amount of the purchase price plus 20% interest per annum, compounded daily, based on the
date(s) of the payment(s).
3. Make payment to the purchaser, and obtain the certificate of sale.
4. Notify the IRS to advise of the redemption.
For more information on redemptions, go to https://www.irs.gov/businesses/small-businesses-self-employed/redeeming-
your-real-estate
Effect of Junior
Encumbrances:
Sec. 6339(c). Effect of Junior Encumbrances.
A certificate of sale of personal property given or a deed to real property executed pursuant to section 6338 shall
discharge such property from all liens, encumbrances, and titles over which the lien of the United States with respect to
which the levy was made had priority.
Catalog Number 18490S www.irs.gov
Form
2434 (Rev. 4-2020)
Internal Revenue Service
Official Business Penalty for
Private Use. $300
Postage
Required
www.treasury.gov/auctions/irs
Attn: PALS N. Hinton
400 West Bay Street
Stop 5111
Jacksonville, FL 32202