What is the right of redemption related to?

The right of redemption is primarily associated with tax liens. This legal concept allows property owners to reclaim their property after it has been sold due to unpaid taxes. In Massachusetts, if a municipality sells property because of tax delinquency, the former owner has a certain period to pay off the delinquent tax amounts plus any applicable fees and regain ownership. This period is known as the redemption period, which can vary in length based on the specific circumstances and local laws.

While the right of redemption might apply in some contexts regarding mortgage liens—where a borrower may redeem the property by paying the outstanding mortgage balance before a foreclosure—but the specific association with tax liens is a core principle in real estate law. The options related to mechanics liens or judgments do not inherently include a right of redemption as a recognized legal right in the same way that tax liens do. Thus, understanding this aspect of tax liens is crucial for anyone pursuing a career in real estate, especially in Massachusetts.