Lien Sale

The sale of the claim or "hold" placed on an asset to satisfy an unpaid debt. Typically, lien sales are conducted as public auctions and the lien is on real estate, automobiles and other personal property. Depending on a particular state's laws, contractors, subcontractors and suppliers may put a lien on a piece of property they have worked on pending payment for services rendered.

Buying delinquent tax-liens at a sale is becoming an increasingly popular form of investing, and is similar to purchasing a long-term Certificate of Deposit (CD). However unlike a CD, tax-liens cannot be sold back to the taxing authority and must be held until they are repaid. Redemption of the purchased lien is typically at a given rate of return within a specified time frame.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Tax lien sale — A tax lien sale is the sale, conducted by a governmental agency, of tax liens for delinquent taxes on real estate. It is one of two methodologies used by governmental agencies to collect delinquent taxes owed on real estate, the other being the… …   Wikipedia

  • LIEN — (Heb. שִׁעְבּוּד נְכָסִים, Shibud Nekhasim). The Concept Jewish law enables the creditor to exercise a lien over all the debtor s property, in addition to his remedies against the debtor personally. This lien automatically comes into existence on …   Encyclopedia of Judaism

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  • Salé — سلا Héraldique …   Wikipédia en Français

  • Salé sucré — Salé, sucré Salé, sucré Titre original Yin shi nan nu Réalisation Ang Lee Acteurs principaux Sihung Lung Yu Wen Wang Chien lien Wu Kuei Mei Yang Sylvia Chang Scénario Ang Lee Hui Ling Wang James Schamus Musique …   Wikipédia en Français

  • sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation …   Law dictionary

  • Salé, sucré — Données clés Titre original Yin shi nan nu Réalisation Ang Lee Scénario Ang Lee Hui Ling Wang James Schamus Acteurs principaux Sihung Lung Yu Wen Wang Chien lien Wu Kuei Mei Yang …   Wikipédia en Français

  • lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …   Law dictionary

  • lien — a charge upon a specific property designed to secure payment of a debt or performance of an obligation (Glossary of Common Bankruptcy Terms) A charge against or interest in property to secure payment of a debt or performance of an obligation. A… …   Glossary of Bankruptcy

  • Sale temps pour les mouches... — Sale temps pour les mouches...  Pour Sale temps pour les mouches, voir Les Buveurs de mondes. Sale temps pour les mouches est un film français réalisé par Guy Lefranc, sorti en 1966. Sommaire 1 Synopsis 2 Fiche te …   Wikipédia en Français

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