Property Ownership
A Kentucky property owner receives a letter from the IRS notifying them of a federal tax lien on their property. This lien:
AMust be paid only when the property is sold
BAttaches to all real and personal property of the taxpayer✓ Correct
CDoes not affect the owner's ability to sell the property
DExpires after 5 years if not enforced
Explanation
A federal tax lien (IRS lien) attaches to all real and personal property and rights to property belonging to the delinquent taxpayer. It must be satisfied (paid) before clear title can be conveyed on any real property owned by the taxpayer.
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