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<br />Excerpts From Internal Revenue Code
<br />Sec. 6321. Lien For Taxes.
<br />If any person liable to pay any tax neglects ar refuses to
<br />Pay the Sam, all,, demand- the amount nncluding any Ater"
<br />alt additional amount addition to tax . or assessable pinslty.
<br />lopefher with any cost, that may atdrue in addition lheretoj
<br />shall be a her, in favor of the United States upon A property
<br />and rights 1. property whether real or personal belonging
<br />to such person
<br />Sec 6322. Period Of Lien.
<br />UAltSS analhet dal! iS SOKihCally fixed by law the lien
<br />rmPosed by :Kober 6321 Shall .,is, di the time Ina assessment
<br />is mace and Shall continue unit the liability for the amount so
<br />,sassed Ipr a lodgment against the taxpayer ansrng out of
<br />such habrl,lyl is Satisfied Or becomes unenlo,Ceable by reason
<br />at teal or I_
<br />Sec, 6323. Validity and Priority Against
<br />Certain Persons.
<br />tei Pu::hsser'x, Headers Of Security in-
<br />eMeeta. Mechanic's Lieners, And Judgment
<br />Lien Creditors. — ?be hen imposed oy section 6321 shall
<br />not be vand as .gams, any Purchaser holder al a Setter „y
<br />uResnt. maehamc s ni or judgment lien c,ea,to, until notice
<br />MVICI wbith meets the redue- milols Of subwllon M eras
<br />been filed try me SKntary
<br />111 Place For Filing Notice; Form. —
<br />TIj piece For hung The nonce referred to m suo
<br />sell la) shall be riled -
<br />tAI Under Stale Laws
<br />nil alai Property In the case of real properly in one
<br />O Kt rrlhinthe Stalefor lne county arolhingovernmenial
<br />Sllbdni 40 ,11 as designated by the laws of such Stale . in
<br />wMCn the properly subject to the lien is snuated. and
<br />fill Personal properly In tee case dt personal
<br />propallY wbeINA tangible or intangible m on, ofc
<br />wM” see stall for the county or Diner governmental
<br />Subdnrsmnl -is designated by the I_ of such State
<br />in = the property subject to the lien is situated
<br />or
<br />iM.Mhih Clara Of District Court - In The office of the clerk of
<br />eta Umted States district court tot the judicial dllluct m which
<br />tae afepbly SAKI to lien 15 snuaud whenever the Slate has
<br />Alt by law dnignaled ono office which mesls the Iequirem,Mls of
<br />eubpar.gnDn
<br />I A 1 of
<br />14 with Recorder of Duds of The District Of Columba in
<br />ter! nnnce of the RKOrOn of Deeds of Ina O:sincl OI Cdiumpl. '
<br />The tnOperly SAW 10 IN into IS slluaild In me Drsnicl AI
<br />Columbia
<br />W
<br />I
<br />a
<br />s
<br />(21 S:tus of properly Subject To Lien - Far purposes of
<br />paragrarthsrllanall properly shall be deemedlobe Sduaied
<br />IA' Real properly. In the case of real Oropeily at its
<br />Physical location. or
<br />lei Personal properly In the case of personal pfoperty .
<br />whether tangible or iritangIoi, at [be residence of the
<br />taxpayer at the time the notice of lien rs bled
<br />For purposes of paragraph (2) 10) the residence of a Corporation
<br />or p]rinersh,p shall be deemed to ee the place at wr,,Cn the
<br />PrmclP2l execulive office nl Ina business Is located and the
<br />residence at a laxoayer whose residence 11 wlfhoul hit United
<br />Stales shall be deemed to be In the DiSfricI of Columbia
<br />f31 Form The form ono content at the notice
<br />referred to In subSeClIOn Ili shall be prescribed by The
<br />Secretary Such nonce shall be vand nW.,IhSJa Ad A,g any
<br />other pr 15I.n e! law regarding me form or content oI a
<br />non,, at lien
<br />Note: See section 6323(b) for exceptions to a
<br />valid notice of lien imposed by section 6321 with
<br />respect to:
<br />I Securities
<br />2 Motor vehicles
<br />3 Personal Property PUICUSed at retail
<br />4 Personal prODerty PurchaSed in Casual sale
<br />5 Personal property subjected to possessory hen
<br />6 Real property tai lint special assessment bens
<br />7 Residential property suDIKi to a mechanic s
<br />lien tot certain repairs and improvements
<br />8 Attorney's liens
<br />9 Certain Insurance conflicts
<br />t0 'ML11o1 loans
<br />nor Refiling Of Notice. — xa p rpo,e Of lhia
<br />flChan
<br />n General Rule. — Umess n0, lie, ,I,filed ,A
<br />the manner Drescllbed m oaragraph 121 dwmg the required
<br />lehhng Tiernan such notice of Iren'ran M healed as fled an the
<br />dale an which rl :s !dean accordance wren 11b111 "Do (111 alter
<br />Ina expuahon al such 'tilling period
<br />17i Place For Filing. — A nonce of hen *ended
<br />during 11, ,q ,d 111,11,19 period shall D, etieclrve only
<br />Ice, :I
<br />11) Such notice .1 hM Is retried fn the aril[e rn which the
<br />prior AOIICe DI lien was hied and
<br />n ,n the case at real plo"O, Ina'act of r,I,I.ng Is
<br />entered and rKOIOfd 1n An'Ade- 10 The edam required by
<br />subseCaOn tl1 la! and
<br />!811,1 any call 1n which 90 days a, more Plmr to the dale
<br />of a 1e111nne o1 lwtlle of hen uMn, surmarpraph (A). the
<br />a
<br />Secretary received written information (m the manner
<br />Prescribed 11 regulatmns Issued by The Secretaryl
<br />concerning a Change In the taxpayer 5 residenCe. It anotice
<br />of such hen ,s also 11110 m aCCOICIA., with subsection 16M
<br />The State In which such residence is located
<br />rat Required ReHling Peried.'— Idtnecaee
<br />of any notice of hen the term - repuned refding period' muns-
<br />IAI me one -year ofoAld ending 30 days alter the expiration
<br />o, 6 veers alter the dale at The assessment of The lace. and
<br />181 the one -year period ending with the expiration ot6 years
<br />after the close at I" 011114m9 required felling period for
<br />such nonce at lien
<br />Sec. 6325, Release Of Lien Or
<br />Discharge Of Property.
<br />rat Release Of Lien. — subject to such
<br />regulations as The Secretary may prescribe. the Secretary shall
<br />issue a ctrtillcale at releaSe of any hen ImpOSed with respect to
<br />any Imes al revenue lax not later man 30days after the dayon
<br />which
<br />Itn Liability Satisfied or Unenforceable " The Secretary
<br />f ads dial the liaonny for the amount assessed, together with all
<br />interest in respect Ihtreol. has been fully satisfied or has
<br />become legally unenforceable. or
<br />Ql Bond Accepild Thlreis lurhlshed lomeSKrttary and
<br />accepted by him a bond that is conditioned upon the payment at
<br />the amount assessed. Together with all interest In respect
<br />thereof wlTnrn the note orescntled by law (Including any
<br />extension of Such time) and that is In accordance with such
<br />leouncrotots fell lung to terms conditions. and form of the bond
<br />and Sureties thereon, u may be specified by Such regulations.
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />III Disclosure of Certain Returns and
<br />Return Information For Tax Administration
<br />Purposes.—
<br />121 Disclosure of amount of outstanding hen If a notice of
<br />ben has been filed pursuant to sec Iron 6,23(7) , theamouniotthe
<br />Outstanding Obligation secured by such lien may be disclosed to
<br />anY person who to Tarshes sahsfacmry whiten evidence that he
<br />has a light In The DIOperly subject to such lien or intends to
<br />obtain a right In such property
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<br />Entered as Dociument No,
<br />CGrantor
<br />87R7 -
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<br />—
<br />Grantee
<br />A
<br />Nurnerical -
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<br />'67 ll�i 3 Pit Z 39�
<br />feel
<br />(21 S:tus of properly Subject To Lien - Far purposes of
<br />paragrarthsrllanall properly shall be deemedlobe Sduaied
<br />IA' Real properly. In the case of real Oropeily at its
<br />Physical location. or
<br />lei Personal properly In the case of personal pfoperty .
<br />whether tangible or iritangIoi, at [be residence of the
<br />taxpayer at the time the notice of lien rs bled
<br />For purposes of paragraph (2) 10) the residence of a Corporation
<br />or p]rinersh,p shall be deemed to ee the place at wr,,Cn the
<br />PrmclP2l execulive office nl Ina business Is located and the
<br />residence at a laxoayer whose residence 11 wlfhoul hit United
<br />Stales shall be deemed to be In the DiSfricI of Columbia
<br />f31 Form The form ono content at the notice
<br />referred to In subSeClIOn Ili shall be prescribed by The
<br />Secretary Such nonce shall be vand nW.,IhSJa Ad A,g any
<br />other pr 15I.n e! law regarding me form or content oI a
<br />non,, at lien
<br />Note: See section 6323(b) for exceptions to a
<br />valid notice of lien imposed by section 6321 with
<br />respect to:
<br />I Securities
<br />2 Motor vehicles
<br />3 Personal Property PUICUSed at retail
<br />4 Personal prODerty PurchaSed in Casual sale
<br />5 Personal property subjected to possessory hen
<br />6 Real property tai lint special assessment bens
<br />7 Residential property suDIKi to a mechanic s
<br />lien tot certain repairs and improvements
<br />8 Attorney's liens
<br />9 Certain Insurance conflicts
<br />t0 'ML11o1 loans
<br />nor Refiling Of Notice. — xa p rpo,e Of lhia
<br />flChan
<br />n General Rule. — Umess n0, lie, ,I,filed ,A
<br />the manner Drescllbed m oaragraph 121 dwmg the required
<br />lehhng Tiernan such notice of Iren'ran M healed as fled an the
<br />dale an which rl :s !dean accordance wren 11b111 "Do (111 alter
<br />Ina expuahon al such 'tilling period
<br />17i Place For Filing. — A nonce of hen *ended
<br />during 11, ,q ,d 111,11,19 period shall D, etieclrve only
<br />Ice, :I
<br />11) Such notice .1 hM Is retried fn the aril[e rn which the
<br />prior AOIICe DI lien was hied and
<br />n ,n the case at real plo"O, Ina'act of r,I,I.ng Is
<br />entered and rKOIOfd 1n An'Ade- 10 The edam required by
<br />subseCaOn tl1 la! and
<br />!811,1 any call 1n which 90 days a, more Plmr to the dale
<br />of a 1e111nne o1 lwtlle of hen uMn, surmarpraph (A). the
<br />a
<br />Secretary received written information (m the manner
<br />Prescribed 11 regulatmns Issued by The Secretaryl
<br />concerning a Change In the taxpayer 5 residenCe. It anotice
<br />of such hen ,s also 11110 m aCCOICIA., with subsection 16M
<br />The State In which such residence is located
<br />rat Required ReHling Peried.'— Idtnecaee
<br />of any notice of hen the term - repuned refding period' muns-
<br />IAI me one -year ofoAld ending 30 days alter the expiration
<br />o, 6 veers alter the dale at The assessment of The lace. and
<br />181 the one -year period ending with the expiration ot6 years
<br />after the close at I" 011114m9 required felling period for
<br />such nonce at lien
<br />Sec. 6325, Release Of Lien Or
<br />Discharge Of Property.
<br />rat Release Of Lien. — subject to such
<br />regulations as The Secretary may prescribe. the Secretary shall
<br />issue a ctrtillcale at releaSe of any hen ImpOSed with respect to
<br />any Imes al revenue lax not later man 30days after the dayon
<br />which
<br />Itn Liability Satisfied or Unenforceable " The Secretary
<br />f ads dial the liaonny for the amount assessed, together with all
<br />interest in respect Ihtreol. has been fully satisfied or has
<br />become legally unenforceable. or
<br />Ql Bond Accepild Thlreis lurhlshed lomeSKrttary and
<br />accepted by him a bond that is conditioned upon the payment at
<br />the amount assessed. Together with all interest In respect
<br />thereof wlTnrn the note orescntled by law (Including any
<br />extension of Such time) and that is In accordance with such
<br />leouncrotots fell lung to terms conditions. and form of the bond
<br />and Sureties thereon, u may be specified by Such regulations.
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />III Disclosure of Certain Returns and
<br />Return Information For Tax Administration
<br />Purposes.—
<br />121 Disclosure of amount of outstanding hen If a notice of
<br />ben has been filed pursuant to sec Iron 6,23(7) , theamouniotthe
<br />Outstanding Obligation secured by such lien may be disclosed to
<br />anY person who to Tarshes sahsfacmry whiten evidence that he
<br />has a light In The DIOperly subject to such lien or intends to
<br />obtain a right In such property
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