What Is a Tax Lien Certificate?
A tax lien certificate is a certificate of claim against a property that has a lien placed upon it as a result of unpaid property taxes. Tax lien certificates are generally sold to investors through an auction process.
Breaking Down Tax Lien Certificate
A tax lien certificate is a lien placed on your property for not paying your taxes. Every time your property taxes come due, the municipality will issue a tax lien.
