Tax Liens, State and Local

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Standard Exception Topic

TXL


Tax Liens, State and Local

Many state or local taxes (other than real estate taxes) are secured by statutory liens that are generally effective upon recording. These liens must be excepted unless clearly barred or extinguished by foreclosure.

Exceptions

Standard Exception Subtopic

TXLX01

ALTA

10/19/2011
V 2

Notice of State or Local Tax Lien

Tax Lien for ____________ taxes against ____________ in the amount of ____________ plus costs, interest and additional taxes recorded ____________.
Comment: Many state or local taxes (other than real estate taxes) are secured by statutory liens that are generally effective upon recording. These liens must be excepted unless clearly barred or extinguished by foreclosure. 

See Underwriting Manual