Owners who fail to pay their association or mortgage lender often also fail to pay county property taxes, which can result in a tax deed sale and related elimination of past-due assessments. Such taxes accrue annually on November 1st, and are late if not paid by April 1st of the following year. On June 1st, the tax collector can sell a “tax certificate” for the delinquent taxes and interest thereon, at a public auction. The purchaser of a tax certificate (e.g., the county where the property is located, if there are no bidders) may then charge the cost of purchasing the certificate plus interest to “redeem” (resolve and eliminate) the certificate by paying the taxes and interest due.
Clayton & McCulloh, P. A., The Clayton & McCulloh Building, 1065 Maitland Center Commons Blvd., Maitland, FL 32751
Clayton & McCulloh, P. A.
The Clayton & McCulloh Building
1065 Maitland Center Commons Blvd.
Maitland, FL 32751