Delinquent Taxes

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August 25, 2024 4 min read Definitions
Tax Foreclosure: Process of Enforcing a Lien Against Property for Nonpayment of Delinquent Property Taxes
Economics Finance Tax Foreclosure Property Lien Delinquent Taxes Taxation
Tax foreclosure is the legal process by which a taxing authority enforces a lien against property for the nonpayment of delinquent property taxes. This ensures the government recovers owed taxes, superior to other liens.
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