Upon confirmation of a sale of land by the chancery court, it shall divest title out of the owner and vest it in the purchaser; provided, that the owner of the land shall continue in possession, and shall be entitled to the rents and profits thereof until the expiration of two (2) years from the date of confirmation, at the expiration of which two (2) years, and not before, the clerk and master may, on application, issue to the purchaser a writ of possession for the land. Where title is so vested in a purchaser or a purchaser’s heirs or assigns, the land shall be subject to any other assessments not yet due or unpaid, that may have been fixed or levied upon it at the time of such confirmation of sale, for the benefit of the improvement district on account of which such sale has been made.