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The National Tax Lien Association was incorporated in 1997 as a nonprofit business league to represent the interests and agenda of its membership. The NTLA is the only nationwide association representing all segments of the tax lien industry. The NTLA's Board of Directors, leaders in asset management, public sector receivables, government and law, possess extensive experience in all facets of real property tax liens.
"Lien Sales help the City maintain equity in the property tax system by assuring that conscientious and timely taxpayers are not overburdened and forced to pay for those individuals who disregard their tax obligations. Lien sales also permit the City to continue to reduce its role as landlord to delinquent properties and remove the City from the business of foreclosing on delinquent property."
Honorable Michael Bloomberg
Mayor ~ City of New York
March 14, 2006
[ Excerpt from a press release issued on the signage of City Council bill to extend city tax lien sales for six months.]
