If real estate property has multiple owners, is each indivdual owner’s property tax liability limited to his/her interest in the property?
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If real estate property has multiple owners, is each indivdual owner’s property tax liability limited to his/her interest in the property?
I, along with 25 family members, am being sued for delinquent property taxes on improved rental property, whereby we were unaware that we had an ownership interest. I remember 10+ years ago, my aunt was upset that her sister had assumed ownership/control of the property and collected rents without disclosing accounting records. However, the controlling aunt indicated she had solely inherited the property. We assumed this was true as taxes were solely billed to and paid by this aunt for 20+ years till her death. What is my property tax liability (%) and how should I respond to this suit?
Asked on August 13, 2012 under Real Estate Law, Texas
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
You all need a lawyer to help with this. Guidance on responding is difficult with out seeing the paperwork and really, you should answer but in this forum no one can tell you "how." Your tax liability will probably be in the same percentage of ownership but the county will just take a judgement against all of you. So please, get it straightened out. Good luck.
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