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I have recently purchased property in San Francisco. What are my responsibilities as far as taxes are concerned?

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I have recently purchased property in San Francisco. What are my responsibilities as far as taxes are concerned?

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You are responsible for any taxes that were not paid as of the time escrow closed. Depending on when the ownership change is placed on the tax roll by the Assessor-Recorder’s office, the annual tax bill could be sent either to the previous owner or directly to you. If there are any remaining unpaid taxes, and if you did not receive an annual tax bill from either the previous owner or the Office of the Treasurer & Tax Collector, you should contact Taxpayer Assistance at (415) 554-4400 immediately to request one. You can also use this online Property Tax Information & Payment service to access your bill. It is your responsibility to obtain the bill. State law stipulates that failure to receive a bill does not permit the Tax Collector to excuse penalties on late payments. In addition to annual regular taxes, you will probably be responsible for paying supplemental property taxes. Any time property is sold, the value of the property is reassessed. If the property has been reassessed at a h

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