Join the 9 million people who found a smarter way to get Expert help

Recent Property Tax questions

I would like to review my offer to purchase contract with an

I would like to review my offer to purchase contract with an attorney prior to signing. Is that possible today? I reside in Orlando Florida and condo is in Orlando Florida. I currently live in it and owner is selling. Foreign owner.

Read more

Barrister

Attorney/Landlord/Realtor

Doctoral Degree

46,322 satisfied customers
My deceased fathers name is on house deed with my mother she

My deceased fathers name is ***** ***** deed with my mother she is 89.would taxes go up if she added my name on the deed? I am 62 we live in Nassau county new York

Read more

Barrister

Attorney/Landlord/Realtor

Doctoral Degree

46,322 satisfied customers
I have a commercial apartment building I would like to sell

I have a commercial apartment building I would like to sell that I own. It currently has a loan. I wanted to ask if the following could be structured.I was thinking to set-up a master lease for the property. We would set-up the master lease that I would retain ownership/title to the property initially.I was thinking to set-up the master lease with the following:* The master lease would provide the lessee the right to collect rents, repairs etc for the property. The title would remain the same initially. * The lessee would pay me 20% down.* The lessee would pay me an amount equivalent to the purchase price minus down payment amortized over 20 years at 8% interest rate. * Monthly property tax and insurance would paid separately to me and held in escrow.Within 3 years the actual sale would occur, I would pay off the existing loan on the property and provide lessee title to the property. I would offer seller financing, but it will be seem less to the lessee as the payments and remaining principal amounts would remain the same. Lessee would take care of the property taxes and insurance on his own at that time. These things will be mentioned in the master lease.I have heard it being done with many other commercial properties. I wanted to ask if you have any concerns using about doing this? Is their any way to have the insurance in the lessor's name?

Read more

Barrister

Attorney/Landlord/Realtor

Doctoral Degree

46,322 satisfied customers
I own a piece of property, with a partner in Fannin county

I own a piece of property, with a partner in Fannin county Georgia. I personally paid off the balloon note several years ago and have the deed to the property that was sent to me by the bank. I have been paying one half of the property tax on the property since we bought the property in 2007. He and I have had disagreements over finishing construction and I decided to discontinue the project 3/4 away from completion 3 years age. He lives in the area and I live in Florida. We have had the property for sale since. Without notifying me, he took the property off the market. My questions are two. Am I at risk of loosing my interest in the property if he were to file for lost title and attempt to sell it without my consent? The county tax assessor has his name only on record, even though I have called and ask them to include me on the assessment,and I have been paying 1/2 the taxes directly to the county since 2007. Could this be a problem? Also, My son will inherit all my properties. There is nothing in writing on the deed that stipulates that upon the demise of one of the owners that the property reverts to the other owner. Should I be concerned about this as well? Is there a law regarding dual owner ship in Georgia? Thank you in advance for taking my question.

Read more

Loren

Juris Doctor

36,306 satisfied customers
Corner of neighbors garage encroaches onto my property by 5

Corner of neighbors garage encroaches onto my property by 5 feet. She's in escrow & I'd like to resolve it before closing. My house built 1920, i assume this has been the case since her house built 1941. Not seeking tear down but want to ensure no trouble when i eventually sell.JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: Calif. /Los AngelesJA: Have you talked to a lawyer yet?Customer: She has. There is an easement offered for me to sign saying I'm granting continued use through eternity or until the garage is modified.JA: Anything else you think the lawyer should know?Customer: My main concern is that a potential buyer of my house may not like a 5 x 16 foot slice of pie that will be included in their annual tax bill

Read more

LawTalk

Attorney at Law

Juris Doctor

32,458 satisfied customers
My husband and I took out a mortgage with lender in 2008,

My husband and I took out a mortgage with lender in 2008, but he later refinanced without my presence. When I asked how he could refinance without my presence the lienholder said my signature was on file and he could sign my name. He passed 6/10/16 and the lender is demanding I assume the loan in order to get the escrow funds released to pay my property tax bill or homeowners insurance. I'm a vested owner in the home and trying to refinance, however, the lienholder refuses to divulge any information on the payment history. The Deed has my husband and I listed as owners. I'm having no luck finding a lawyer willing to take on the lender and now they have marked the loan as passed due and assessed a $44 fee. My intent was to stay in the home for at least a year while I grieve his loss and try to decide what to do next. Any assistance would be appreciated.Aline Proulx (###) ###-####

Read more

Barrister

Attorney/Landlord/Realtor

Doctoral Degree

46,322 satisfied customers
We are a small ( 4 units ) condo association in Salem,

We are a small ( 4 units ) condo association in Salem, Massachusetts. One of the homeowners hasn't paid condo fee for 5 1/2 years. We have had a lien on the property for about 31/2 years. Now, one of the owners wants to sell his unit but is being told by broker, which I'm sure this is true that a certain percentage of the market will be pushed out because of the lien on the other unit. My question is, can the association do anything else to force her to pay? Not fair to the rest of us. Thank you for any information you can provide.

Read more

Barrister

Attorney/Landlord/Realtor

Doctoral Degree

46,322 satisfied customers
My mother has been living in a nursing home since early last

My mother has been living in a nursing home since early last year. She paid for a half year's lot rent at the mobile home park where she was living. She and I are joint owners of the mobile home. My question is, should I file for a Minnesota Property Tax Refund for her. I paid the last half of 2015 lot rent.

Read more

LawTalk

Attorney at Law

Juris Doctor

32,458 satisfied customers
Last year I refinance my home. I received fixed 30 rate.

Last year I refinance my home. I received fixed 30 rate. After one year the monthly payment increased by $63.90. The reason given was that the real estate taxes increased most likely because of new schools etc. The lender said they did not have enough in escrow to pay for the increase. This is my second home and I have never experience an increased in my monthly mortgage payment. Is this something that could happen every year? Is there anything I can do to prevent this from happening again. Is this something new?

Read more

LawTalk

Attorney at Law

Juris Doctor

32,458 satisfied customers
View more real estate law questions
In The News