Keeping the budget in view the local government levy and collect the tax and so their attitudes can well be apprehended. Property tax is imposed on the normal house owners to meet certain public utility service as public sanitation, roads, and railways, etc. which seems free. If the tax is not paid within due date, the local authority will charge interest which accrues monthly. To worsen the situation a penalty may also be added by the local government. The story never ends; the authority can publish anotice in local papers about the delinquency. If the situation persists, a notice is attached, termed asa lien, to the property informing all that you owe to the local authority which takes your right away to sell your property unless and until you pay your debt.
You can lose Your Home
Finally, on your failure, the authority will proceed to schedule the property for tax sale which is no other than foreclosure. This can be different.
- The government can hand over the deed to the property to the highest bidder at the auction.
- The authority can sell the tax lien and collect dues from the purchaser. Now you the purchaser and on thecontinuation of the same the purchaser can file a petition for foreclosure and take ownership.
The way you get back your Property
As soon as you deduce that the assessment is not genuine consult Saranow Law Group at the earliest. In hardship, your lawyer can claim the abatement and bring relief from authority. In this, the whole or part of your debt is exonerated. The property tax lawyer can also convince the municipal for the installment facility. It comes on the part of your lawyer to prove on your behalf to your inability to pay tax .