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Shade Ferret and Steven Swenson discuss Florida's tax deeds, created when tax liens expire after a two-year redemption period. The process involves applying for a deed, leading to an auction where the property is offered starting at delinquent taxes, interest, and fees.Florida offers both tax liens and tax deeds options, with tax deeds applied for when liens expire after two years. Applications are submitted to the county, leading to an auction where properties are offered starting from delinquent taxes, interest, and fees.