Juridical For U
Welcome to Juridical For U!

Insurance Articles


Tax Lien Properties
By Peter Emerson


When a property owner does not pay his due against the property tax that he is liable, the government can place a lien against the property for unpaid income taxes. This can happen at both the Federal level and state level, depending on whether the owner lives in a state that collects state income tax.

Delinquent charges can arise if the owner has not paid property taxes, sewer or water charges, surcharges, sidewalk repairs, or vacant lot cleaning charges and other property-related municipal fees and charges. To attend to such delinquency, all 50 states offer different schemes. Some state offer public auctions against such properties in form of a tax deed or tax lien certificate.

Property can still be put up on auction even if the owner is in the process of disputing the tax or charge. However, this sale can only be permitted if all delinquent property taxes remain unpaid for the legally specified amount of time. To avoid a tax lien, you should pay all the charges on your property. If you wish to contest the charges, you should still pay the full amount, and if you win your case you can always get a refund.

Within 90 days of the lien sale date, the city notifies all property owners by mail about the details regarding the sale. Information about the terms and conditions under which the lien was sold, the name of the new lien holder, and the name of the lien holder?s authorized representative whom the property owner should contact. Also the said representative gets in touch with the property owner to confer payment arrangements. After such an auction, the property owner is advised not deal with, or make payments to, anyone other than the new lien holder.

After such a sale, the property owner then owes the required amount of taxes and administrative charges to lien holder and not to the government. But mind you, the total amount now owned increases, as the lien holder is entitled to receive certain decided amount of surcharge and interest at an agreed rate of calculation.

Tax Liens provides detailed information about tax liens, government tax liens, tax lien auctions, and more. Tax Liens is affiliated with Tax Attorneys In California.

Article Source: http://EzineArticles.com/?expert=Peter_Emerson

For more information about this article and/or the author visit http://www.e-taxliens.com

For more information, news and articles see:

Marina Insurance - Marina Insurance
... different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you more and give you the exact cover you need. You have to look for value ...
Visit Marina Insurance...

Payment Protection Insurance - Payment Protection Insurance
...ere is a real concern for many people regarding the security of their job with the threat of being made redundant ever increasing. The biggest fear for many is that they may struggle meet mortgage pay...
Visit Payment Protection Insurance...

Hgv Courier Insurance - Hgv Courier Insurance
...u would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore they will ...
Visit Hgv Courier Insurance...

Dock Levellers - Dock Levellers
...oading and unloading your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease. You are given easy operational control and flexibility, and you ...
Visit Dock Levellers...

Ppi Claims - Ppi Claims
...on insurance on your loan. The representative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite understand what was going on. You just wanted the loan b...
Visit Ppi Claims...

Car Gap Insurance - Car Gap Insurance
...urance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the event of a car being stolen and ne...
Visit Car Gap Insurance...

Gap Insurance - Gap Insurance
...r insurance but how many people know what gap insurance is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers ...
Visit Gap Insurance...

Courier Insurance - Courier Insurance
...sing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one using mailing services. It is not uncommon for people ...
Visit Courier Insurance...

Jet Ski Insurance - Jet Ski Insurance
...e many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski will be an exhilarating experience and you`ll Jet Ski Insurance want t...
Visit Jet Ski Insurance...

Loading Bay Equipment - Loading Bay Equipment
...ock Solutions offer a variety of Loading Bay Equipment for our clients. With this equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high qualit...
Visit Loading Bay Equipment...


Click For More Detailed Information on:

Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map

Copyright © 2003-2010. All Rights Reserved.


Valid CSS!