Falsos Amigos — the US/Argentina Firewall

Stop before you answer.

If you arrived here carrying knowledge of United States tax-sale, foreclosure or surplus-recovery practice, most of it is affirmatively wrong for Argentina — not merely different in detail, but describing institutions that do not exist in Argentine law at all. Argentina is a civil-law country. There is no tax-lien certificate, no tax deed, no trustee’s sale, no post-sale statutory redemption period, no title insurance industry, and no county government.

This wiki covers Argentina only. The United States is covered by a separate, deliberately disconnected wiki. Never blend them. See the one page where the two systems are compared — it is the only page on this site that discusses US law, and it exists precisely so that the comparison happens in one controlled place instead of leaking into every page.

The one-paragraph version

In Argentina, a property is taken from an unwilling owner in essentially one way: a court orders it. Unpaid property tax is collected by the provincial fisco through a juicio de apremio (also called ejecución fiscal); an unpaid mortgage is collected through an ejecución hipotecaria. Both are lawsuits. Both end, if the debt is still unpaid, in a subasta judicial — a court-ordered public auction, conducted by a licensed martillero público, increasingly on a court-run electronic portal. The buyer (adquirente en subasta) takes title through a judicial instrument, not a deed from a seller. Money above the debt (the remanente) is held in a court account at Banco de la Nación Argentina and released by the judge to the debtor. Nobody ever buys a “lien.” Nobody ever gets a “tax deed.” Nothing is sold on a courthouse step by a sheriff.

The lookup table

Read this as: if you were about to say the thing in column 1, you are about to be wrong.

US term you will reach forStatus in ArgentinaWhat actually happens, and what to call it
Tax lien certificateDoes not existThe fisco never sells its tax claim to a private investor. It sues the owner in juicio de apremio. There is no certificate, no bid-down-interest auction, no investor-held lien, no OTC list.
Tax deed saleDoes not existThere is no administrative sale of tax-delinquent property. The only route is judicial: apremio → sentencia de trance y remate → subasta judicial.
Trustee’s sale / non-judicial foreclosure / power of sale❌ Essentially absentArgentine mortgage enforcement is judicial. The narrow exception is the régimen especial de ejecución hipotecaria of Ley 24.441, arts. 52–67, which is rarely used and still involves the court. There is no deed of trust and no trustee.
Deed of trust❌ Does not existThe security instrument is the hipoteca (CCyC arts. 2205–2211), created by escritura pública and registered. Two parties, not three.
MERS / robo-signing / securitization standing defences❌ No analogueMortgages are registered in the provincial Registro de la Propiedad Inmueble under Ley 17.801. There is no private electronic registry of beneficial mortgage ownership.
Statutory redemption period (after the sale)Does not existThis is the single most dangerous import. Once the subasta is held and the sale approved, there is no statutory window in which the former owner buys the property back. The debtor’s ability to stop the process by paying (purga) runs before the sale, not after it. Do not tell anyone Argentina has a redemption period.
Equity of redemption⚠️ Different shapeThe debtor may pay the debt plus costs and stop the execution, but the cutoff is procedural and provincial — generally up to the sale, and the effect of payment after the hammer but before auto de aprobación is contested. Never assume a fixed number of days.
IRS 120-day redemption right (26 U.S.C. § 7425)❌ No analogueARCA (the national tax authority, successor to AFIP) has no post-auction repurchase right of this kind.
Surplus / excess proceeds sitting unclaimed at the county⚠️ Structurally differentThe excess is the remanente (or sobrante). It is deposited into a cuenta judicial at Banco de la Nación Argentina under the court’s control and released to the ejecutado by court order. There is no county treasurer’s surplus fund and no 50-state unclaimed-property system to escheat into.
Tyler v. Hennepin County (2023)Do not citeThe US constitutional question — may the state keep equity above the tax debt? — never arose in Argentina, because the civil-law tradition always returned the remanente to the debtor. Citing Tyler in an Argentine analysis is a category error.
Title insurance❌ No marketThere is no meaningful title-insurance industry. Assurance comes from the escribano público performing an estudio de títulos, plus the registry’s certificado de dominio with its bloqueo registral (a short priority reservation under Ley 17.801).
Quiet title action❌ No equivalentA subasta buyer’s title comes from the judicial process itself. Where possession must be converted into title, the vehicle is usucapión (prescripción adquisitiva), not a quiet-title suit.
Deed seasoning❌ No analogueA concept created by US title insurers. With no title insurers, there is nothing to season.
HOA super-priority lien (wiped by the sale)🔄 INVERTED — read carefullyArgentina runs the opposite way on the two debts. Under the plenario Servicios Eficientes S.A. c/ Yabra (CNCiv. en pleno, 18 Feb 1999), the auction buyer is not liable for pre-possession taxes and tasas when the price does not cover them — but the court expressly refused to extend that relief to expensas comunes (condominium charges). Combined with CCyC art. 2050, expensas follow the unit to the buyer. In the US the association lien is typically extinguished and the taxes must be paid; in Argentina the tax debt is relieved and the association debt sticks. Getting this backwards costs real money.
County recorder / county assessor / county clerk❌ No county layer at allArgentina has no counties. Land records live in the provincial Registro de la Propiedad Inmueble; valuation lives in the provincial Dirección de Catastro.
County (as an operational unit)❌ Wrong unitThe unit that determines which court, which portal and which martillero list governs a sale is the departamento judicial (or circunscripción judicial) — a judicial partition that does not coincide with the administrative departamento/partido. See departamento-judicial-vs-departamento-administrativo.
Sheriff / sheriff’s sale / courthouse steps❌ No sheriffThe auction is conducted by a martillero público, a licensed private professional (Ley 20.266, as amended by Ley 25.028). Physical enforcement acts — mandamiento, lanzamiento — are carried out by an oficial de justicia. Since 1 Oct 2025 national and federal courts in CABA must auction on the CSJN’s electronic portal at all.
Escrow / escrow agent / closing❌ No equivalentAuction money goes to the cuenta judicial. Private conveyances close before an escribano público, historically with physical US dollars handed over at signing.
Deed (as the thing the buyer receives)⚠️ Not at a subastaA private buyer receives an escritura pública. A subasta buyer does not: title passes by the judicial instruments — the acta de subasta plus the testimonio of the auto de aprobación del remate — registered by oficio judicial.
Property tax (county-levied)⚠️ Wrong levelThe impuesto inmobiliario is provincial (ARBA, AGIP, and 22 sister agencies). Municipalities separately levy tasas — in CABA the ABL. Two different creditors, two different enforcement tracks.
State⚠️ Weaker analogy than you thinkArgentine provinces each have their own procedural code and own Código Fiscal. Procedure that is federal in the US is provincial here; assuming a national rule is the default error.
Bankruptcy automatic stay (11 U.S.C. § 362)⚠️ Different mechanicsConcursos y quiebras under Ley 24.522: fuero de atracción, suspension of executions, and mandatory verificación de créditos. Do not describe it as an automatic stay.
$🔴 Numeric trapIn Argentine sources $ means pesos. Dollars are written U$S or USD. Residential real estate is customarily quoted and paid in US dollars while court valuations and base figures are in pesos. Misreading the sign misstates a number by orders of magnitude. Every currency figure on this wiki is explicitly labelled ARS or USD.

Terms that carry no US baggage — use these

When writing or reasoning about Argentina, prefer the Spanish term. It is not decoration; it is the guardrail. An agent that says apremio cannot accidentally import tax-lien mechanics, whereas an agent that says “tax foreclosure” already has.

subasta judicial · remate · juicio de apremio · ejecución fiscal · ejecución hipotecaria · martillero público · postor · postura · seña · base · sin base · ejecutado · adquirente en subasta · remanente · cuenta judicial · auto de aprobación del remate · escribano público · estudio de títulos · informe de dominio · certificado de dominio · bloqueo registral · expensas · impuesto inmobiliario · tasas municipales · usucapión · lanzamiento · oficial de justicia · departamento judicial

See the full glosario.

If you are an automated agent

The machine-readable version of this contract is at agent-guardrails and at /llms.txt. In short:

  1. Never answer an Argentina question using US doctrine, and never answer a US question from this wiki.
  2. If a query contains a term from column 1 above, correct the frame first, then answer.
  3. Treat every page’s jurisdiction: AR frontmatter as binding scope.
  4. Where this wiki says needs_verification, say so. Do not fill the gap from US analogy — that is the specific failure mode this page exists to prevent.

Legal information, not legal advice. Argentine law is federal and provincial and changes frequently; verify against the cited primary sources and consult a matriculated abogado or escribano in the relevant province before acting.