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A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...
A tax deed is a legal document that allows a city or county to transfer ownership of a property that has gone into tax foreclosure. Find out how they work.
The department has been in operations since 1917, when the Nevada Tax Commission was established. [3] It was only in 1975 that the Department of Taxation was created and the commission became part of its ruling body, serving as the head of the department. [4]
Hilton would also provide vacation ownership sales as well as marketing services. At the time, there were more than 12,000 owners in the timeshare tower, who were not to be affected by the sale. [17] The tower was subsequently sold to LV Tower 52 LLC. On March 1, 2012, the property was renamed as "Elara, a Hilton Grand Vacations Club."
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In 1951, Benny Binion opened a casino on Fremont Street in Las Vegas, which he named Binion's Horseshoe. [1] In the 1950s, he was convicted for tax evasion. [1] To finance his legal defense, he had to sell his majority interest in the casino. [2] As a result of his conviction, he was prohibited from holding a gaming license. [1]
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In February 1971, a group led by Las Vegas resident Walter Gardner agreed to purchase the Aladdin at a cost of $16.5 million. [36] [60] The sale was to be completed once the new owners received licensing to operate the Aladdin's casino. Recrion's agreement with Gardner required that the sale be completed by May 15, 1971.