An IRS tax lien subordination is an agreement that allows a new creditor to move ahead of the IRS in priority. The IRS tax lien will remain on the property. However, it will have a lower position than the new lender’s security interest.
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An IRS tax lien subordination is an agreement that allows a new creditor to move ahead of the IRS in priority. The IRS tax lien will remain on the property. However, it will have a lower position than the new lender’s security interest.