Automated Tax Credit - Tax Debt Resolution

Glossary

Installment Agreement for Tax Liens

An Installment Agreement for Tax Liens allows taxpayers with tax debt to make manageable payments over time, avoiding severe penalties and financial strain.

Foreclosure Moratorium

A foreclosure moratorium temporarily halts foreclosure proceedings, impacting tax obligations and financial compliance for affected parties.

Lien Auctioneer

A Lien Auctioneer manages the sale of properties with tax liens, ensuring compliance with legal procedures during the auction process.

Pre-Tax Sale Notification

A Pre-Tax Sale Notification alerts property owners of impending tax sale actions due to unpaid taxes, ensuring owners can take timely corrective steps.

Property Encumbrance

Property encumbrance involves claims, liens, or liabilities against real estate affecting its use, value, or transfer and holds significant tax implications.

Certified Tax Lien Investor

A Certified Tax Lien Investor is an individual who invests in tax lien certificates, providing a unique investment opportunity with specific regulatory requirements.

Over-the-Counter Tax Liens

Over-the-Counter Tax Liens allow investors to buy tax liens directly from the county that remained unsold during public auctions, offering a unique investment opportunity.

Tax Deed Auction

A Tax Deed Auction is a public sale process where properties with delinquent tax payments are sold to recoup past-due property taxes. It is an essential method for local governments to recover tax revenues.