
Tax Liens
A tax lien is a legal claim the government places on a property when the owner fails to pay their taxes. This means the government has a right to the property as a way to secure payment for the owed taxes. If the taxes remain unpaid, the government can foreclose on the property, potentially selling it to recover the debt. Tax liens are often recorded in public records, and they can affect the homeowner's credit score and ability to sell the property until the debt is resolved.