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Foreclosure Forum |
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Here's the code section you want...In Reply to: Legal Citation for IRS Lien Experation after 120 days posted by Cyril in CA on June 09, 2010 at 12:39 AM Cyril, In accordance with IRC §7425, the Internal Revenue Service has the right to redeem real property which was sold in a nonjudicial foreclosure action by a third party to satisfy an outstanding encumbrance which has priority over the Notice of federal Tax Lien.
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