26 U.S.C. § 6337 : US Code - Section 6337: Redemption of property

Search 26 U.S.C. § 6337 : US Code - Section 6337: Redemption of property

(a) 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.
(b) Redemption of real estate after sale
(1) 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.
(2) 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.
(c) 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.