Quick answerGeorgia sells redeemable tax deeds for unpaid property taxes. Lien buyers can earn 20% flat redemption premium on the purchase price for the first year or fraction thereof, plus 10% for each additional year or fraction thereof (O.C.G.A. § 48-4-42) — a premium, not compounding interest. Redemption: 12 months from the date of sale (O.C.G.A. § 48-4-40); the right does not expire automatically at 12 months — it continues until the purchaser bars it by serving barment notice under § 48-4-45 Sales: Sheriff / tax commissioner sales on the first Tuesday of the month, in months when a county advertises a sale Governing law: Official Code of Georgia Annotated, Title 48, Chapter 4 (esp. §§ 48-4-1, 48-4-40, 48-4-42, 48-4-45).