Real Estate taxes are primary source of funds for the local governments. Therefore any unpaid taxes constitute a claim against the real estate, taking priority over any private liens such as mortgages. So if the taxes are not paid, government has the right to foreclose against the property.

Also referred to as Property Taxes. Local government taxes levied on the ownership of real estate..

Local government taxes levied on the ownership of real estate. A.K.A. Property Taxes.