What happens when lien holder dosn't go for deed

[Matt Whiteside]

So what if the lien holder decides that they don't want the property and never apply for the deed? Does the original property owner retain ownership? Can they sell the property?

[Steve Walters]

In Illinois the lien holder must file a petition for a tax deed between 3 and 6 months prior to the end of redemption.  If the redemption period has expired and the lien holder did not file for a petition during his window, then the lien is expired and the original owner maintains ownership.  35 ILCS 200/22-10 and so on.