Tax Sale

Business, Legal & Accounting Glossary

Definition: Tax Sale


Tax Sale

Quick Summary of Tax Sale


The auctioning and sale of real estate for which the owner has not paid property taxes.




Examples of Tax Sale in a sentence


Tax sales are advertised in the newspaper, and they are good opportunities to purchase real estate at a discount.
The bank looked through the tax sale records under her name and found several instances of payment defaults over the years, so they refused her a new loan.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/tax-sale/
Modern Language Association (MLA):
Tax Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/tax-sale/.
Chicago Manual of Style (CMS):
Tax Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/tax-sale/ (accessed: April 19, 2024).
American Psychological Association (APA):
Tax Sale. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/tax-sale/

Definition Sources


Definitions for Tax Sale are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020 | 0 Views.