A title examiner may presume the real estate is free of a Vermont Estate Tax Lien unless a notice of lien has been filed in the town clerk’s office where the land is located. A lien arises upon assessment and notice. 32 V.S.A. §7497.
Comment 1. There is no clear law on the issue of whether there is a statute of limitations affecting Vermont Tax Liens. At the time of adoption of this Standard, the Vermont Department of Taxes takes the position that there is no statute of limitations for any such Estate Tax Lien.
Comment 2. There is no secret lien provided. A lien arises upon assessment and notice under 32 V.S.A. §7497.
Comment 3. Vermont Tax Liens attach to after-acquired property. See Title Standard 2.2, Comment 5.
September 26, 2008:
- This standard was added.
September 18, 2014:
- Amended to correct a scrivener error in the statutory citation in the standard and in Comment 2.