The owner of any property which has been purchased at tax and public sewer system user fee auction by the Government of the United States Virgin Islands, or his heirs or assigns or any one having any right or interest in his property, may redeem the same within one year from the date of said purchase at public auction by paying to the Office of the Lieutenant Governor the full amount of the bid offered in the name of the Government, with interest at the rate of twelve percent per annum and real property taxes and public sewer system user fees due for the period between the date of sale and the date tender is made to the Office of the Lieutenant Governor, together with an Office of the Lieutenant Governor Administration fee of $15. Upon payment of said amount, the redemptioner shall receive a certificate of redemption, which certificate shall operate as a release and cancellation of certificate of purchase and property so released shall remain subject to all liens and legal claims against it, other than the tax and public sewer system user fee liens for which it was sold, to the same extent and in manner as though said property had not been sold for taxes and public sewer system user fees.