Federal Tax Liens

There are different kinds of tax liens that can bemost cases, this does not happen since real estate
imposed upon an individual's property or real estate.researchers are often hired to research the specifics
One of the most frequently seen types of tax liens inof the property, including whether or not any tax liens
the United States are federal tax liens. Federal taxare in existence. In some cases, tax liens are
liens are imposed by the United States government inmistakenly overlooked and the federal tax liens are
conjunction with a number of different types of taxestransferred from one individual to another through the
required of individuals to the United Statestransfer and sale of the property.
Government. Some of these different categories thatHowever, with federal tax liens there is a statute of
can lead to the placement of tax liens include failure tolimitations that exists. Tax liens put in place by the
pay the total amount due of income tax, gift tax orfederal government after November 6, 1990 become
real estate and property taxes.void, or unenforceable, after ten years from the date
After the failure to pay owed taxes in any of these orof the implementation of the federal tax liens has
other categories, federal tax liens are imposed on aelapsed. Sometimes extensions to the tax liens or
person's property until the taxes are paid in full. If thevarious circumstances can affect this statute of
home is sold, the federal tax liens are then inherited bylimitations on federal tax liens.
the person or persons who purchase the property. In