Tax lien Sentence Examples

The government uses a tax lien to secure property in lieu of late or nonpayment of property taxes.

Securing a tax lien allows an investor to gain control over a real property with an investment that is a fraction of the market value of the property.

There was a time when an investor would need to show up physically for an auction, but it is becoming popular to hold tax lien sales online.

If the original property owner declares bankruptcy, creditors have priority over a tax lien holder.

These include criminal records, bankruptcies, and judgment and tax lien databases.

When a property owner fails to pay federal or state taxes, the government can place a tax lien on the property.

The tax lien can be removed from the property if the property owner satisfies his taxes due, which often includes fees and interest, or the IRS accepts a bond submitted by the property owner agreeing to pay the debt.

The county or other government collecting property taxes place the tax lien.