tax sale
Lien recovery event
A tax sale is the public sale of property seized by a government to recover unpaid taxes.
When property owners fail to pay property taxes for an extended period, the taxing authority may sell the property—or a lien against it—to satisfy the debt: The county scheduled a tax sale for properties with three or more years of delinquent taxes.
- auctionCompetitive public sale
- public auctionOpen competitive sale event
- opening bidFirst price proposed
- lienClaim securing debt
- foreclosureLender seizes mortgaged property
delinquent · property · real estate · bidder · deed · county · county clerk · unpaid · seizure · redemption · surplus funds · courthouse · parcel · arrears · certificate · sheriff · hammer · gavel
- property taxesrates, property assessment, property appraisal, assessed value, local rates
- property transfertransfer of ownership, title, property transfer, lease, conveyance
- tax enforcementIRS, revenue agent, levy, seizure, wage garnishment
- forced salesseizure, property seizure, writ of execution, pre-foreclosure, bank-owned
- property taxassessed value, property assessment, millage, property valuation, county assessor
- tax liens