tax lien (Meaning)
Wordnet
tax lien (n)
lien of which a tax collector may avail himself in default of taxes (analogous to a judgment lien)
Synonyms & Antonyms of tax lien
No Synonyms and anytonyms found
tax lien Sentence Examples
- The unpaid property taxes resulted in a tax lien being filed against the homeowner.
- The tax lien can prevent the sale or transfer of the property until the debt is satisfied.
- The county placed a tax lien on the property for delinquent real estate taxes.
- The homeowner must pay the tax lien plus interest and penalties to clear the title.
- A tax lien gives the government a secured interest in the property.
- The tax lien holder has the right to foreclose on the property if the debt remains unpaid.
- The sale of a property with a tax lien typically involves the lien being paid off from the proceeds.
- A tax lien can negatively impact the credit score of the property owner.
- The statute of limitations for a tax lien varies depending on the jurisdiction.
- Tax liens can be released or discharged once the debt is paid in full or through other legal means.
FAQs About the word tax lien
lien of which a tax collector may avail himself in default of taxes (analogous to a judgment lien)
No synonyms found.
No antonyms found.
The unpaid property taxes resulted in a tax lien being filed against the homeowner.
The tax lien can prevent the sale or transfer of the property until the debt is satisfied.
The county placed a tax lien on the property for delinquent real estate taxes.
The homeowner must pay the tax lien plus interest and penalties to clear the title.
