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Collector's Deed

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Junior Member
What is the name of your state? Missouri

Hello, I have a question involving a Collector's Deed and what rights a holder of a Collector's Deed may have to a property.

I have gone through the process in my state to obtain a Collector's Deed on a parcel of land. I have been going through this process since August of 2003. The redemption period passed in August 2005, Title search was completed, previous owners and interested parties notified of my intent to obtain a Collector's Deed, and that waiting period passed at which time I was issued the Collector's Deed.

Now, I am interested in doing something with the land. I haven't decided yet if I will keep it, build on it, sell it, or just cut firewood off of it. This is the first experience that I have had with this situation. Everything has been very smooth along the process to date. I am just concerned that I may build on this land and then a previous owner comes back from the dead and takes it all away from me through some legal loop hole that I didn't see.

I have considered a Quiet Title action, but would rather not spend the time (or money) if I don't have to do that.

I guess my questions are these; Do you think I should go through the Quiet Title process or is my Collector's Deed secure enough to confidently begin improvements on the property? Is it secure enough to sell the property and have the buyer be able to get title insurance?

By the way - the county recorder of deeds lists only me as the owner now (before it listed myself AND the people that didn't pay their taxes). I have also been on a public website that lists only me as the owner ( I think the website drew it's info from the county's website).

Thanks for your time, expertise and opinion,

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