State Board Of Equalization Lien

When a State Board Of Equalization lien ( BOE ) is placed on a property, it will need to be removed from title prior to closing. You can either present an offer in compromise to settle with the State Board Of Equalization or request that the lien is granted partial release. The lien likely won’t be granted partial release if there is equity and  the SBE is in a position to receive funds. If the property is under water and is being short sold, the SBE will review a partial release. A package including all lien approval letters, an appraisal, and some additional documentation will need to be provided to the SBE for their review. Many times we are able to have the SBE release the lien to allow the property to sell for little to no funds. If you need any assistance removing government liens, such as an IRS lien, BOE, or a Franchise Tax Board lien, please fill out the contact form below.

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For more information on the SBE click here.