assessment lien

Definition of "assessment lien"
  1. It's a type of lien placed on a property that benefits from improvements made by the municipal government. The purpose of this lien is to secure payment for taxes that have been charged to finance these improvements
How to use "assessment lien" in a sentence
  1. Her property was subject to an assessment lien due to recent improvements made by the city to the sidewalks.
  2. The assessment lien enacted ensured security for the taxes to be collected for the newly installed municipal water system.
  3. An assessment lien can be placed on a parcel of land if the municipality has financed an improvement beneficial to that land.

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