If you have overdue property taxes, you may want to request a standard payment agreement that stretches your outstanding liabilities over one to 10 years but also requires timely payment of all newly accruing taxes. Owners who have defaulted on a standard payment plan in the past five years are prohibited from entering into a new payment plan unless the default was caused by extenuating circumstances or unless they pay 20% of the total amount owed. Entering into a new standard payment plan removes at-risk properties from the lien sale.