What Happens When My Lien is Paid Off?
Upon redemption payment to Douglas County Treasurer in certified funds, major credit card, wire or cash:
- Redemption Certificate issued to party paying the lien.
- An ACH payment will be issued to the investor for the certificate amount plus redemption interest (Premium NOT included).
- Interest earned is tracked annually and a 1099 INT is issued in January for all interest paid to the investor on any liens redeemed during the previous calendar year.