11 Oct What is a property tax lien?
A property tax lien results from the right of government to collect taxes from property owners. Property taxes are superior to other liens. At the beginning of each tax year, a tax lien is placed on taxable property and remains until the property taxes are paid. The lien gives the government the right to foreclose on the property in order to collect the unpaid taxes if they are not paid.
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Jay S. Fleischman is a bankruptcy lawyer with offices in Los Angeles and New York. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.
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