If I sold a house on contract and the buyer is responsible for property taxes but failed to pay last year, what action should I take?
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If I sold a house on contract and the buyer is responsible for property taxes but failed to pay last year, what action should I take?
The bill will be sold at courthouse in a few days.
Asked on August 22, 2012 under Real Estate Law, Kentucky
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
You have no legal responsibility any more unless you are holding the mortgage. If that is the case then I would speak with an attorney as soon as you can about paying the taxes and its impact on the mortgage you hold. Please get help. Good luck.
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