Tax Foreclosure

Tax Foreclosure

Tax Foreclosure means:
the process of enforcing a lien against property for nonpayment of delinquent property taxes. Taxing authorities hold a superior lien against all taxable property to enforce the payment of their taxes.

Example of Tax Foreclosure:

Learn more about tax examples, explanations and calculations here.

Collins owns an old apartment building on which she has failed to pay property taxes for the past two years. The county will be forced to pursue a tax foreclosure against the property and have it sold at auction.

See Property Tax in the American Legal Encyclopedia and Property Tax in the World Legal Encyclopedia.


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