---

real estate in Tx

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
elizabethmedina Joined: 23 Aug 2010 Posts: 1 1.00 Dollars($)	Posted: Mon Aug 23, 2010 1:50 pm    Post subject: real estate in Tx Like 0 Dislike 0 My brothers & I inherited real estate property, we have for sale and a buyer but one heir will not sign to sell. When taxed are due on this property in Jan 2011 do you know if the taxes will be divided by 3 or one bill and does the executor continue to be responsible for payment? Also if I do not pay my 1/3 of taxes due in Jan. will I have to by law forfeit my ownership? Thank you We are Texas
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Aug 23, 2010 8:29 pm    Post subject: Like 0 Dislike 0 Hi elizabethmedina! Welcome to forums! Though there are three heirs to the property, yet the tax bill would be a single one. The heirs can divide the bill amongst themselves and pay it off. If you do not pay your share of the tax bill, then you may not have to forfeit your ownership but the tax department can place a lien on your property. Feel free to ask if you've further queries. Sussane

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0