Who Places The Values And Allows For Exemptions On Real Estate?
The tax roll is completed by the Property Appraiser. It is then certified to the Tax Collector who mails the tax notice/receipt to the owner’s last record of address as it appears on the tax roll. What Happens If I Fail To Pay My Real Estate Taxes? After real estate taxes become delinquent on April 1st of each year, they are advertised in a local newspaper once a week for three consecutive weeks. On or before June 1st, the Tax Collector must conduct a tax certificate sale on each unpaid parcel of property. When a certificate is sold against a piece of property, the successful bidder pays the delinquent taxes on that property and then receives a certificate which is a receipt and which also constitutes a first lien against the property. A taxpayer could pay interest up to the rate of 18% per year. This rate depends on the interest rate that was bid on at the tax certificate sale. To redeem the certificate, the taxpayer must pay to the Tax Collector all delinquent taxes plus accrued inte
