Tax Foreclosure Sale

Arabic translation: بيع عقار محجوز للضرائب

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	Tax Foreclosure Sale
Arabic translation:	بيع عقار محجوز للضرائب
Entered by:	Mohammad Gornas

03:18 Apr 29, 2009

English to Arabic translations [PRO]
Bus/Financial - Law: Taxation & Customs

English term or phrase: Tax Foreclosure Sale

Hey everyone! Any idea what a "tax foreclosure sale" is, with regard to a house? Maybe a sale where taxes are cancelled or something? Here's the context:

On his infomercial Beck boasts about how a big two story home was purchased at a tax foreclosure sale for only $521.56. However, INSIDE EDITION learned that it actually cost three times as much, which would still be an amazing deal.

The article is about a misleading infomercial about buying and selling houses. Much obliged for any help on this. Thanks!

Nora Medhat (X) KudoZ activity Questions: 114 (9 open) (3 without valid answers) (1 closed without grading) Answers: 1
Local time: 08:24

بيع عقار محجوز للضرائب

Explanation:
This must have been a house held aginest tax evation or inability to settlt tax due and being sold to pay the tax

Selected response from:

Mohammad Gornas
Sudan
Local time: 08:24

Grading comment

Thanks a million!
4 KudoZ points were awarded for this answer

Summary of answers provided

5 +2

بيع عقار محجوز للضرائب

Mohammad Gornas

5 +1

بيع لعدم سداد ضريبة العقارات المستحقة

Muhammad Essam

قيمة الضريبة المقدرة علي عقار تم بيعه وفاءً لرهن لم يؤدي

hassan zekry

Answers

1 hr confidence:

peer agreement (net): +2

tax foreclosure sale

بيع عقار محجوز للضرائب

Explanation:
This must have been a house held aginest tax evation or inability to settlt tax due and being sold to pay the tax

Mohammad Gornas
Sudan
Local time: 08:24
Native speaker of:

Arabic
PRO pts in category: 4

Grading comment

Thanks a million!

3 hrs confidence:

tax foreclosure sale قيمة الضريبة المقدرة علي عقار تم بيعه وفاءً لرهن لم يؤدي

Explanation:
When a mortgage is foreclosed , it leads to forcible seizure to the mortagaged property.This property can be sold by the mortgagor. This can be described as a foreclosure sale. Of course, this sale is taxable.

hassan zekry
Local time: 08:24
Native speaker of:

Arabic
PRO pts in category: 12

5 hrs confidence:

peer agreement (net): +1

tax foreclosure sale بيع لعدم سداد ضريبة العقارات المستحقة

Explanation:
A tax foreclosure sale is a situation when the homeowner is not able to keep up with property taxes. The tax laws of the state come into force to rectify the situation and the house is taken up for foreclosure.

Muhammad Essam
Egypt
Local time: 08:24
Works in field
Native speaker of: Arabic

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Tax Foreclosure Sale

Arabic translation: بيع عقار محجوز للضرائب

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Tax Foreclosure Sale

Arabic translation: بيع عقار محجوز للضرائب

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