Norris, McLaughlin & Marcus

Posts Tagged ‘liens’

Real Estate Tax Sales Know How

There are a myriad of local rules and practices associated with real estate tax sales.  The following is information we compiled for a recent presentation entitled “Everything You Wanted to Know About Sheriff’s Sales and Tax Sales But Were Afraid to Ask” for the Commercial Real Estate Women’s Network of the Lehigh Valley.

Tax Sales

Tax sales are generally conducted to sell properties for delinquent taxes.  These sales are processed through the County Tax Claim Bureau.  Properties are sold first at an “Upset Sale” where properties are sold subject to mortgages and other liens, and then at a Judicial Tax Sale, where properties are sold free and clear of all liens.  Tax sales are governed by the Real Estate Tax Sale Law.

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