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re: Property Tax Situation
Posted on 2/18/13 at 8:43 pm to tigerrocket
Posted on 2/18/13 at 8:43 pm to tigerrocket
quote:
Nothing was done wrong at closing.
I'm sure there wasn't. But taxes go up and down all the time regardless of the buyer's actions. We (meaning the title co. I work for) have an agreement that specifically says you will pay the difference to the seller. Also, the information may be included in the body of the cash sale or deed. Read over your closing docs. I'm unaware of any particular point or theory of law that says you are required to pay him the difference. Maybe unjust enrichment. Morally, I don't think there is any question.
This post was edited on 2/18/13 at 8:45 pm
1
Posted on 2/18/13 at 9:05 pm to rmc
It's not exactly unjust enrichment. Had I not filed an appeal and met with the assessor after closing, we would not be having this discusion, because the taxes would not have changed. My time and effort must be worth something??
Thanks for your input.
Thanks for your input.
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