Federal Tax Lien


Definition of "Federal tax lien"

Phil "Dr. Phil" Hinesley
  Chanticleer Properties, LLC

Placed by the federal government on a individual's real property for federal estate tax or income tax law violations. In the case of a federal estate tax lien, upon the owner's death, the estate is liable for the tax lien.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Capacity Of Parties

Legal competence of parties to be held responsible for the terms of a contract or to be brought into ...

Job Related Injuries, Death

Incidents covered under workers compensation benefit. ...

Trip Transit Insurance

Coverage on a single shipment of property while in temporary storage or in transit. This policy is m ...

Coinsurance

In property insurance, when the insurance policy contains this clause, coinsurance defines the amoun ...

Survey

Accurate measurement of land for the purpose of determining the boundaries of its perimeter, its con ...

Concession

(1) Right to engage in and earn from a particular activity in return for services or for a particula ...

Related Real Estate FAQ

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

What Is A Negative Amortization?

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

What Is A Lock In?

A lock in guarantees a certain interest rate for a certain period of time. ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is Zoning?

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Top Five Reasons Your Home Offer was Rejected Home Prices - The Extra Costs How is Square Footage Determined? When to buy a house What is Earnest Money

FAQ

How big is an acre? What is an assessed value? What do I need to know about Auto Insurance? What is a default? What is an easement?