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Tax Foreclosure Sale

Arabic translation: بيع عقار محجوز للضرائب


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Tax Foreclosure Sale
Arabic translation:بيع عقار محجوز للضرائب
Entered by: Mohammad Gornas
Options:
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- Include in personal glossary

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
Local time: 10:09
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: 11:09
Grading comment
Thanks a million!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2بيع عقار محجوز للضرائب
Mohammad Gornas
5 +1بيع لعدم سداد ضريبة العقارات المستحقة
Muhammad Essam
3قيمة الضريبة المقدرة علي عقار تم بيعه وفاءً لرهن لم يؤدي
hassan zekry


  

Answers


1 hr   confidence: Answerer confidence 5/5 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: 11:09
Native speaker of: Native in ArabicArabic
PRO pts in category: 4
Grading comment
Thanks a million!

Peer comments on this answer (and responses from the answerer)
agree  Omair Eladawy
1 hr
  -> thanks mr Omair

agree  nevine ibrahim
1 day7 hrs
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
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: 10:09
Native speaker of: Native in ArabicArabic
PRO pts in category: 8
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 5/5 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: 10:09
Works in field
Native speaker of: Native in ArabicArabic

Peer comments on this answer (and responses from the answerer)
agree  Mohamed Hamed: thanks hamam, good job
47 mins
  -> Many thanks Mr. Mohamed Hamed
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Changes made by editors
May 5, 2009 - Changes made by Mohammad Gornas:
Created KOG entryKudoZ term => KOG term


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