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<br />Excerpts From Intemll RIYenuI Code
<br />Sec. 6321. Lien For Taxes.
<br />
<br />II an~ perlon nabll 10 PlY Iny lax neglecte or !lIUIU 10
<br />PI~ tllluml after demand, Ihe emounl (Including any Inllr-
<br />1111, additional amount, Iddltlon 10 tax, or aUllllble penllty,
<br />loglthlr wltlllny COlli that mey aceroe In eddllfon therllo)
<br />Ihall be a IIln In favor of Iht Unlt~ Slltll upon III property
<br />Ind rlghll 10 PlVptrty, whather r"l or perlonal, belonging
<br />10 lueh pellon.
<br />
<br />Sec. 6322. Period Of Lien.
<br />
<br />Unltsl another dl.1I la Iptelllcall~ Ilxed b~ law. the lien
<br />Imposed by sactlon 6321 shan arise althe time the assessment
<br />II made and shaH continue unlll tIlellablllty lor ths amounl so
<br />1IIIIIed (or I judgmenl agalnsl tile taxpayer arising out 01
<br />luch liability) 15 nlisll~ or becomes unenforceable by reason
<br />of lap" of time,
<br />
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons,
<br />Ii) PurchlN"', Holdtn or ~urtty In.
<br />.JIt'IItI, Mechlnlc', LienOR, And Judemlnt
<br />LItn Crtdllorl. - The lien ImpOlld by mtlon 6311 shell
<br />nol be valid II Igllnsl Iny purchuer, holder of a security
<br />Intlrllt, mrchlnlc'allenor, or Judgment lien creditor until nollce
<br />Ihereol which meets the requiremenls of subsecllon In has
<br />betn iliad by Ihe Secretary.
<br />
<br />. ~ (f) PlICe For Filing NoUct~ Forrn.-
<br />
<br />(t) Place For Filing - The notice relerred 10,in sub--
<br />section (a) shall be Ii led - -
<br />(A) Under Slate Laws
<br />(I) Rul Property - In the case 01 real p,operty. in 00&
<br />office within the State (or the counly, or othel governmenlal
<br />subdlvlslon), d deslgnaled by the laws of such Stale. In
<br />which Iha property subjecllO Ihe lien is situaled; and
<br />(il) Personal Property , In lhe case 01 personal
<br />propertv, whelher langible or intangible. '" one office
<br />wllhln Ihe Slale (or It,e county, or Olher governmental
<br />subdivision). as desl~naled by Ihe laws of such Slate,
<br />In which 1M property subjecl to Ihe lien IS siluated.
<br />Dr
<br />(8) With Clerk or Distritl Court. In the ollice of Iha clerk 01
<br />Ihe Uniled Stales dislrict COurl for Ihe judiCial dlSlrict in which
<br />Ihe property subjecl 10 lien is situaled. wh:ne..r Ihe State has
<br />nOlby I~w designaled oneollice whichmeels fhe reQUlr~ments of
<br />subparagraph (AI. or
<br />(CI Wilh Recorder 01 DeedS Of The D,Wict 01 Columba, In
<br />Ihlo/iica of Ihe Recorder of Da~ds of 1M Districl 01 Columb.., il
<br />\he property subjecl to Ihe lien '5 situaled In I~c Olstmt 01
<br />Columbia
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<br />(2) Slle. 01 Property Subjecl To Lien. for purpoUi of
<br />paragr.phl III and (4), property Ihali be deemed to be sltualed.
<br />(A) Rul Froplrty . tn Ihl CIII of rul proPerty, at III
<br />PhYllcllloclUon; or
<br />(8) Flrlonlt Property. In lh. CIII 01 perlonal prowr!y,
<br />whlthlr tenglble or Intangible, II thl residence 01 Ihe
<br />taxpayer II the lime Ih. notice 01 lien IllIled,
<br />For purpoleI of plr.graph (21 (8), the resldanc. of a corporallon
<br />or plrtnerlhlp th.1I be deem.d 10 be the pllce II which IhI
<br />principal ex'CuUve offle. of Ihe bUllnesa II localed, and thl
<br />ruldence or . taxplyer who.. relldence II wlthoul the United
<br />StllU Ihan be d.lmed to blln the Dlllrlct 01 Columbia,
<br />(3) form . The lorm and cont.nl of the notice
<br />relellej 10 In subsecllon (I) Ihlll be prescribed by the
<br />Secretlry. Such nollce Ihali -be valid nolWltIlstandlng any
<br />olher prOVision of law regarding Ihl lorm or conlenl 01 a
<br />notice 01 lien.
<br />
<br />Note: See section 6323(b) for protection for
<br />certain interests even though notice of lien
<br />imposed by section 6321 15 filed with i'espBcl
<br />to:
<br />
<br />1. Securllles
<br />2. MOlor vehicles
<br />3, Personal property purchased II reLall
<br />4. Perianal proj}lrty purchaled In casual sale
<br />5, Personal property subJ~cted to possessory lien
<br />6, Real property tax and special assessment liens
<br />7, Residential propeny subjecllo I mechanic's
<br />lien lor certain repairs and improvements
<br />8, Attorney's liens
<br />9_ Certain Insurance contracts
<br />10, Passbook loans
<br />
<br />(vI Reflilng Of Notice,
<br />sectiOn.
<br />
<br />(1) General Rule, - Unless notice 01 lien is reliled in
<br />Ihe manner prescribed in paragraph (2) durin9 Ihe required
<br />refillng period: such nollce olllsn shall be treated as filed on the
<br />dale olTwhlch II is hied (in accordance with subsection Ill) aile'
<br />the e,piration of such reliling period.
<br />
<br />(2) P!sce For Filing, - A nohce 01 lien retiled
<br />dUllng the reoulred 'sllllng period shall be ellectlve Only,
<br />IAl il-
<br />(;) such nolice 01 lien is rsliled in Ihe ollice ,n which Ihe
<br />prior nolice 01 lien was liled, and
<br />(ii) In the case 01 leal properly, tile lac I 01 reflling IS
<br />enlered and recorde.d in an Inde. to the exleol ,eQu"ed by
<br />subseCtion ill (~l. and
<br />(8) in any case .n which, 90 days or more proor to tile date
<br />01 a relilin9 01 nolice of lien under subparagraph IAI. Ihe
<br />
<br />For purposes of Ihls
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<br />Secrelary received wrlllen Inlormallon (In Ihe mlnner
<br />premlbed In regula lions luued by the Secretary)
<br />concernlno a change In Ihe taxplylr'a rUldence, III notice
<br />olluch lien II alao flied In Iccordlnet wll~ lubmllon (0 In
<br />the $Iale In which luch residenCe Is located.
<br />
<br />(3) Required RtflUng' Period. - In the em
<br />olany notice 01 lien, Ihs term "reQuired rallllng period" means'
<br />tAJ Ihe one.year period ending 30 days elter Ihe expiration
<br />01" years alter the dale 01 thel$nnment 01 the lax, and
<br />(8) the one.year period ending w!lh the .~plrallon 018 yeara
<br />aller the cion 01 the preceding required rellllno period for
<br />such nollce of lien.
<br />
<br />Sec. 6325. Release Of. Lien Or
<br />Discharge Of Property.
<br />
<br />(a) Relene Of Lien, - Subjecl to such
<br />reOUlations as the Secrelary may pres cribs, Ihe Secrltary shall
<br />Issue a certlllcale 01 release 01 anv lien Imposed wllh respecllo
<br />any Internal revenu~ lax not laler than 30 days alter the day on
<br />which.
<br />(1) Liability Sallsfiad or Unenforceable. The Secretary
<br />Ilndllhat Ihslllblllly fo, :he amounl assllSed, logelher with ali
<br />Inleresl In respecl theraol, hu been fully setlslled or has
<br />become legally unenforceable; or
<br />(2) Bond Accepted. TMrels furnished 10 Ih. Secrelary Ind
<br />accepled by him a bond that 15 conditioned upon the payment of
<br />Ihe amount assesud, togethar wllh all Interest In respect
<br />Ihereof, within Iho I1me prejcribed by law (inclUding any
<br />extension 01 such lime). and that Is in accordance wllh such
<br />requirements relaling to terms. conditions, and form ollhe bond
<br />and su,ellas thereon. as may be specified by such regulallons,
<br />
<br />Sec, 6103. Confidentiality. and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />l~) Disclosure 01 Certain Returns and
<br />Return Informallon For Tax Administration
<br />PU/poses, -
<br />
<br />m Oisclosure of amount 01 outslanding lien, -II a notice 01
<br />lien has been "ied pu,suant to seCI,on 6323111, Ihe amount 01 the
<br />outstandlni obligation .ecured ~y such lien may ~e disclosed 10
<br />any person who furnishes salls lac tory vlliIlen e~idence that he
<br />has a right in lhe property subject to such lien or inlends to
<br />oblaln a light .n such property
<br />
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