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Why are 2nd installment delinquencies highest among new property owners?

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Why are 2nd installment delinquencies highest among new property owners?

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1) Not knowing the property tax delinquent dates. 2) Misunderstanding who is to pay the taxes – the property owner or the lender. 3) Not reading or asking about the title report or escrow papers as they pertain to the property taxes. Many new owners do not contact the Tax Collector’s Office to determine what taxes are due after escrow closes. 4) Not asking about taxes until billed. Non-receipt of a tax bill does not relieve the imposition of penalties after the delinquent date. Read your title report and escrow papers carefully to determine which taxes (if any) were paid. Who provides the address on the tax roll? The address is placed on the tax roll according to your instructions. You provide the address when you record your deed and fill out a preliminary change of ownership form, or when you request the Assessor to change your address. The Tax Collector mails the bill to the address on the tax roll.

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