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Tax Lien Certificate
词条创建者: 中国量化投资网 创建时间: 2013-3-29 阅览次数: 899
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A certificate of claim against property that has a lien placed upon it as a result of unpaid property taxes.

Available in many states, this certificate allows the owner to collect unpaid taxes in addition to a set level of interest. These investments are not insured or necessarily backed by property, and therefore great risks are involved with each purchase.
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