Title 26 — Internal Revenue Code
Part II · Chapter 64 — Collection
§ 6337. Redemption of property
Statutory text
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.
Redemption of real estate after sale
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.
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.
Record
When any lands sold are redeemed as provided in this section, the Secretary shall cause entry of the fact to be made upon the record mentioned in section 6340, and such entry shall be evidence of such redemption.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Aug. 16, 1954, ch. 736, 68A Stat. 787 · 68A Stat. 787
Enacted · 26 U.S.C. § 6337
Aug. 16, 1954, ch. 736, 68A Stat. 787
Source evidence
Code source credit
Aug. 16, 1954, ch. 736, 68A Stat. 787Federal Tax Lien Act of 1966
Pub. L. 89–719 title I § 104(e) · 80 Stat. 1125
Substituted · 26 U.S.C. § 6337(b)(1)
Pub. L. 89–719 substituted “120 days” for “1 year”
Source evidence
Code amendment note
Subsec. (b)(1). Pub. L. 89–719 substituted “120 days” for “1 year”.Enacted provision · exact public law section
(e) Redemption Period.— Paragraph (1) of section 6337(b) (relating to period of redemption of real estate after sale) is amended by striking out “1 year” and inserting in lieu thereof “120 days”.Pub. L. 94–455 title XIX § 1906(b)(13)(A) · 90 Stat. 1520
Struck · 26 U.S.C. § 6337
Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing
Source evidence
Code amendment note
Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing.Enacted provision · exact public law section
(A) The Internal Revenue Code of 1954, as amended by this Act, is amended by striking out “Secretary or his delegate” each place it appears and inserting in lieu thereof “Secretary”.Pub. L. 97–248 title III § 349A(a) · 96 Stat. 324
Substituted · 26 U.S.C. § 6337(b)(1)
Pub. L. 97–248 substituted “180 days” for “120 days”
Source evidence
Code amendment note
Subsec. (b)(1). Pub. L. 97–248 substituted “180 days” for “120 days”.Enacted provision · exact public law section
(a) General Rule.— Paragraph (1) of section 6337(b) (relating to 26 USC 6337. period for redemption of real estate after sale) is amended by striking out “120 days” and inserting in lieu thereof “180 days”.Effective date note
Pub. L. 97–248, title III, § 349A(b), Sept. 3, 1982, 96 Stat. 639, provided that: “The amendment made by subsection (a) [amending this section] shall apply with respect to property sold after the date of the enactment of this Act [Sept. 3, 1982].”
3 of 4 references resolved to an enrolled provision · 1 partial
Editorial Notes
Amendments1966–1982 · 3 rounds
1982
Subsec. (b)(1). Pub. L. 97–248 substituted “180 days” for “120 days”.
1976
Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing.
1966
Subsec. (b)(1). Pub. L. 89–719 substituted “120 days” for “1 year”.
Statutory Notes and Related Subsidiaries
Effective Date of 1982 Amendment
Pub. L. 97–248, title III, § 349A(b), , 96 Stat. 639, provided that: “The amendment made by subsection (a) [amending this section] shall apply with respect to property sold after the date of the enactment of this Act [].”
Effective Date of 1966 Amendment
Amendment by Pub. L. 89–719 applicable after , regardless of when title or lien of United States arose or when lien or interest of another person was acquired, with certain exceptions, see section 114(a)–(c) of Pub. L. 89–719, set out as a note under section 6323 of this title.
Credits
1954–1982 · 4 acts
- 1954Aug. 16, 1954, ch. 736, 68A Stat. 787
- 1966Pub. L. 89–719, title I, § 104(e), , 80 Stat. 1137
- 1976Pub. L. 94–455, title XIX, § 1906(b)(13)(A), , 90 Stat. 1834
- 1982Pub. L. 97–248, title III, § 349A(a), , 96 Stat. 639.
Show as published
(Aug. 16, 1954, ch. 736, 68A Stat. 787; Pub. L. 89–719, title I, § 104(e), , 80 Stat. 1137; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), , 90 Stat. 1834; Pub. L. 97–248, title III, § 349A(a), , 96 Stat. 639.)