tax foreclosure

Lien-forced property loss

Tax foreclosure is the legal process by which a government seizes and sells property to recover unpaid property taxes.

When owners fall behind on taxes, the taxing authority can place a lien on the property and eventually force its sale at auction.

The county initiated tax foreclosure proceedings after three years of delinquent payments.

Related

deed · courthouse · courthouse steps · bidder · seized · unpaid · property · arrears · redemption · eviction · judgment · default · gavel · notice · owed · levy · distressed · abandoned

Opposites
property acquisition/disposition method

tax foreclosureprivate sale

Transaction without public offering

purchase · homebuying · for sale by owner · property acquisition · mortgage payoff

property status/outcome

tax foreclosureclear title

Uncontested ownership proof

homeownership · tax compliance · property ownership · good standing

Family

tax, taxes, taxed, taxing, taxation, taxable, taxpayer, foreclose, forecloses

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