government & non profit accounting

Government entities often accrue interest and penalties on the delinquent taxes owed to them by property owners. At times they will choose to sell the rights to collect such taxes, interest, and penalties to external parties. Select a local city or municipality and using information from their website answer the following questions. (Hint: search for delinquent tax collection process, delinquent property taxes, etc on website) 1. What happens if a taxpayer fails to pay property taxes on time? At what point does a tax lien attach to the property? a. If delinquent property taxes are sold at public auction, what rights are purchased by the buyer? Can tax lien buyers attain legal title to the property for which they hold the tax lien? (This may be called a treasurer's deed.) If so describe this nrocess