Final answer:
The time allowed to redeem property by paying back taxes varies by jurisdiction, generally ranging from a few months to several years after the property is sold at a tax sale, depending on state or local laws.
Step-by-step explanation:
The time allowed for a property owner to redeem their property by paying back taxes and penalties varies by jurisdiction. In general, after property taxes are not paid, a tax collector must wait a certain period before they can sell the property in a tax sale (usually through a public auction).
This pre-sale period can be several years, and once the property is sold, there still might be a redemption period during which the original owner can reclaim the property by paying the owed taxes, along with interest and fees.
The length of the redemption period also depends on the state or local laws and can range from a few months to a few years. For instance, some states allow a redemption period of up to three years after the tax sale. However, to determine the exact time frame for a specific property, one would need to consult the laws of the state and local government where the property is located.