There are more protections for certain holders of an interest, but not really for investor types buying or selling under those types of transactions.

If the owner, or other certificate holder pays the taxes, you get your interest.

There are also co-op sponsor units which can be sold with holder of unsold share rights which allows the purchaser to rent out the unit indefinitely as long as they don't occupy the unit.

They’re like the holders in football…no one even knows they exist until the s#%t hits the fans!

A+ offeringsI would not listen to anyone online anyways about what would happen and have an attorney review the offering and subscription agreement.Typically if a company goes bankrupt the assets are liquidated and what’s left (which is usually not much) it goes to preferred share holders then common share holders.

For instance, the bank may decide to close the account or reduce the credit limit, or the credit card holder may close the credit card account.

Get comfortable reading legal statutes that govern how a tax lien sale takes place and what you as a tax lien holder must do or - not do - with your lien. 

@Chris Seveney under what circumstances would a borrower sue a note holder?

I just registered a URL and a place holder.