Glossary

Escrow holder responsibilities involve managing funds during transactions and ensuring compliance, particularly in relation to tax obligations.

Excess Funds Trust Accounts are specialized accounts that hold surplus funds often derived from tax sales or other financial transactions. They play a crucial role in financial and tax compliance.

Taxpayer Advocacy During Foreclosure provides crucial support and guidance to taxpayers facing property foreclosure, ensuring their rights and financial interests are protected.

Property Condition Disclosures at Sale involves notifying relevant parties about the state of a property during a sale, aiming to ensure transparency and compliance with tax laws.

Learn about public bidding procedures for liens, their purpose in tax compliance, and how they impact financial resolution processes.

Municipal Debt Recovery Techniques are crucial strategies used by local governments to recoup delinquent taxes and other owed financial obligations, ensuring fiscal stability and compliance.

Property Value Disputes in Tax Sales arise when taxpayers contest the assessed value of a property used to determine tax liability during a tax sale process.

Land Bank Tax Recovery Programs help reclaim and repurpose tax-delinquent properties, promoting community revitalization and financial compliance.

Judicial remedies offer legal pathways to address and resolve erroneous tax liens, safeguarding taxpayers' rights and financial security.

Bankruptcy Estate Tax Liens are legal claims by the IRS on a debtor's property during bankruptcy, ensuring tax debts are addressed in bankruptcy proceedings.