What if I am buying a condominium that is in the middle of a conversion?

Until the conversion is completed, the property is recognized as just one parcel. There is only one bill for all units and it is between you and all the other unit owners how the Real Estate bill is divided. You must also notify your mortgage company as to the amount of your portion of the Real Estate bill that should be paid.

Once the conversion is completed, there will be separate Real Estate bills for each unit in the next fiscal year.

Show All Answers

1. What are the due dates for Real Estate Taxes?
2. What if I don't receive a Real Estate Tax Bill?
3. How will the payments be calculated?
4. Are you a new owner?
5. What happens if I pay my Real Estate Tax late?
6. Where do I mail my Real Estate Tax payment?
7. How do I change the old owners name that appears on the Tax Bill, after purchasing the property?
8. How do I change the mailing address on my Real Estate Bill?
9. What happens if there is an overpayment on my Real Estate Tax?
10. What happens if I don't pay my Real Estate Tax?
11. What should I do if I recently sold my property, but I am still receiving a tax bill?
12. How do I get a Municipal Lien Certificate?
13. How much will it cost and how long does it take?
14. How much did I pay in Real Estate Taxes last year?
15. Have you received my Real Estate Tax payment from my bank?
16. What if I am buying a condominium that is in the middle of a conversion?