A tax lien sale is the sale, conducted by a governmental agency, of tax liens for delinquent taxes on real estate. It is one of two methodologies used by governmental agencies to collect delinquent taxes owed on real estate, the other being the tax deed sale.
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Famous quotes containing the words tax and/or sale:
“But the tax collector, standing far off, would not even look up to heaven, but was beating his breast and saying, God, be merciful to me, a sinner!”
—Bible: New Testament, Luke 18:13.
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
—Friedrich Nietzsche (18441900)