Deficiency Judgment
A Deficiency Judgment is a legal term associated with tax or loan situations where the outstanding owed amount exceeds the collateral value or tax paid.
Quiet Title Process
The Quiet Title Process resolves disputes over property ownership, clearing inconsistencies in title claims and ensuring clear, undisputed ownership.
Title Search Process
The Title Search Process is a crucial procedure in tax-related contexts, ensuring clarity and accuracy in property ownership and resolving tax liens or obligations.
Tax Roll
A Tax Roll is an official record of property subject to taxation, detailing property values, ownership, and tax amounts due. It is crucial for tax collection and compliance.
Redemption Premium
The Redemption Premium refers to the extra amount above a bond's face value paid to bondholders upon early redemption. It impacts taxes significantly.
Title Insurance for Liened Property
Title insurance for liened property protects lenders and owners against losses from issues related to property liens. It is crucial in ensuring property ownership clarity.
Delinquent Taxpayer List
The Delinquent Taxpayer List is a publicly accessible record of individuals and entities who owe significant unpaid taxes to the tax authorities.
Tax Lien Jurisdiction
Tax Lien Jurisdiction refers to the authority under which tax liens are imposed on a property, affecting the owner's ability to sell or refinance.
Tax Sale Surplus
Tax Sale Surplus occurs when property is sold for more than overdue taxes. Learn its significance in tax compliance and how it affects stakeholders.
Interest Rate on Liens
Interest rates on liens are the costs imposed by tax authorities on outstanding tax liabilities secured by a lien. They play a crucial role in tax collection and compliance.