Involuntary Liens fall under the law of Estates and Property. In the United States jurisdiction, Involuntary Liens fall under state law and the nature and character of the liens depends of the state. However, involuntary liens directly contrast the voluntary liens. Involuntary Liens refer to the charge that is imposed on the property of an owner without his express consent. In other words, Involuntary Liens accrue as a consequence of the law. The liens have the effect of imposing encumbrances and charges on the property in question to the detriment of the owner. The involuntary lien is special in the ...
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TAX LIEN
A lot of people nowadays do not have sufficient knowledge of the taxes which they are entitled to pay. Non-payment of such taxes is considered to be a felonious activity and may be subject to charges by the court. However, people the courts take any action; they do make sufficient attempts to make the owners aware of their obligation. If the owners fail to take any action, then the courts can put the property for auction after adhering to all the legal requirements. When any specific property is put up for auction then the amount of the bid starts ...
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