The defaulting taxpayer, any grantee from the owner, or any mortgage or judgment creditor has one year from the date of the sale in which to redeem the property.
Upon failure of the defaulting taxpayer, grantee, mortgagee, judgment creditor or lessee of the property to redeem within the time period allowed for redemption, the Tax Collector shall as soon as possible, issue a tax deed to the successful bidder or their grantee.