MLchartDataset catalogue

Tax sale

Term · Law · MLC-T-LAW-004854

A legal process by which a governmental body sells property to recover unpaid property taxes. The sale typically occurs after a period of delinquency, and the proceeds are used to satisfy the outstanding tax lien. Purchasers at a tax sale acquire the property subject to certain redemption rights of the original owner.

Table 1. Record
IdentifierMLC-T-LAW-004854
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004854",
  "term": "Tax sale",
  "field": "Law",
  "definition": "A legal process by which a governmental body sells property to recover unpaid property taxes. The sale typically occurs after a period of delinquency, and the proceeds are used to satisfy the outstanding tax lien. Purchasers at a tax sale acquire the property subject to certain redemption rights of the original owner.",
  "url": "https://mlchart.com/terminology/law/tax-sale/"
}

Record 4,956 of 5,445 in Law terminology (MLC-0107). Request the full dataset.