Real Estate Glossary: Tax Lien

Real Estate Glossary: Tax Lien

A Tax Lien is the claim against a property with unpaid taxes. While a tax lien is on the property, the property cannot be sold because the title is not clear. Over time, the property can be foreclosed on when the taxes are not paid. Many states have specific laws around the tax lien process, but over time many states will absolve the debt by auctioning the property in question at county courthouses. Request more information about tax liens.


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