Tax lien — A tax lien is a lien imposed on property by law to secure payment of taxes. Tax liens may be imposed for delinquent taxes owed on real property or personal property, or as a result of failure to pay income taxes or other taxes.Tax liens in… … Wikipedia
tax lien — The right of the government to enforce a claim against the property of a person owing taxes. Bloomberg Financial Dictionary * * * tax lien tax lien ➔ lien * * * tax lien UK US noun US TAX, LAW ► an official order for the tax authorities to take a … Financial and business terms
tax lien — noun lien of which a tax collector may avail himself in default of taxes (analogous to a judgment lien) • Hypernyms: ↑lien • Hyponyms: ↑federal tax lien, ↑state tax lien * * * noun : a statutory charge on property for taxes due giving the taxing… … Useful english dictionary
tax lien — A lien on real estate in favor of a state or local government which may be foreclosed for nonpayment of taxes. The majority of the states have adopted the Uniform Federal Tax Lien Registration Act. See also tax. + tax lien A statutory lien,… … Black's law dictionary
tax lien — A lien imposed by constitution or statute as security for the payment of a tax. A security established by statute of which the collecting body may avail itself in default of payment of taxes, being against the property itself, not on the interest … Ballentine's law dictionary
tax lien notice — An IRS announcement of a tax debt recorded at a government record s office in the county where the debtor resides or the business is located. Category: Back Taxes & Tax Debt Category: Business, LLCs & Corporations → Business Accounting,… … Law dictionary
Tax lien sale — A tax lien sale is the sale, conducted by a governmental agency, of tax liens for delinquent taxes on real estate. It is one of two methodologies used by governmental agencies to collect delinquent taxes owed on real estate, the other being the… … Wikipedia
Tax Lien Foreclosure — The sale of a property resulting from the property owner s failure to pay tax liabilities. A tax lien foreclosure occurs when the property owner has not paid the required taxes, including property taxes and federal and state income taxes. A… … Investment dictionary
Tax Lien — A claim imposed by the federal government to liquidate a person s property until the tax and debt owed is fully paid. Tax liens can be purchased from the government in the form of an investment … Investment dictionary
Tax Lien Certificate — A certificate of claim against property that has a lien placed upon it as a result of unpaid property taxes. Available in many states, this certificate allows the owner to collect unpaid taxes in addition to a set level of interest. These… … Investment dictionary