What if I sold my property last year?

The taxing unit does not prorate taxes for the year. Most contracts for the sale of real property provide that the taxes for the year of the sale will be prorated between the buyer and seller. The sales contract and any closing statement received when the property was sold should indicate how the tax liability was handled.

If the seller owned the property on January 1 of last year then the seller is liable for the taxes for all of last year. The taxing unit can proceed against the seller personally for the tax.

The taxing unit can also proceed against the buyer to foreclose the tax lien. The buyer should be informed of the taxes since the buyer has a vested interest in not having the tax lien foreclosed on the property.

Show All Answers

1. When are taxes due?
2. Does the tax office use the post office cancellation mark to determine the payment date?
3. What if I do not receive a tax statement?
4. What if I sold my property last year?
5. What if I received the tax statement but my mortgage company is supposed to pay my taxes?
6. What if the name is wrong on the tax statement?
7. Can I change the address where my statement is mailed?
8. When are installment payments due for Over 65, disabled or veteran homestead pay agreements?
9. How are the tax rates determined?
10. What districts have a tax ceiling with an Over 65 or disabled homestead exemption?