What is a Tax Lien Waiver?

Now, having tax lien wavers protect you from having a lien placed on your property because of non-payment of subcontractors by your general contractor – even if you have papers to prove that you have already paid him in full for all the services rendered.

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How do tax lien laws work?

Tax lien laws were constituted as a means to protect labor subcontractors and providers from dishonest general contractors who could get full payment for all the services from the owner of the property. But neglect to compensate for the outside services or supplies he accosted to finish the task.

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How do you explain Tax Lien Certificates?

When buying a tax lien certificate, it is crucial that one must understand that he is not actually buying the property. He is lending the householder money to pay the back taxes and with of course the assurance of paying back the loan with the specified amount of interest.

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What is a Tax Lien?

Tax liens are manners to lawfully ensure that a person, business, or loaner will be paid off for a debt. This is done by putting a limitation on the debtor’s property, which restrains them from reassigning its title or employing it as collateral to incur additional financing.

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What is a Tax Lien Certificate?

Tax Lien certificates are made so that the government can collect back taxes on a property owner without taking ownership of their property. These certificates work as a middle man for the government which allows them to recuperate lost tax revenue easily.

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Winnipeg, Canada

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California

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Missouri

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