Back Taxes Obligation after Closing
I recently sold an investment property I had and when I received the closing docs I asked that the back taxes be taken out of my check and paid directly to the county. They reassured me it would be paid without regard to the amt I would receive because our ''Net To Seller'' agreement set the net amount I would receive. We closed. A month after our closing, the title company has contacted me to pay the back taxes on the property. Do I have a legal obligation to pay the taxes, or should this be the responsibility of the Title company who did not do their due diligence even after being told about the situation?
Asked on 5/15/09, 3:33 pm
1 Answer from Attorneys
Re: Back Taxes Obligation after Closing
Thank you for your question. However, without reviewing the closing documents, this question cannot be answered.
Answered on 5/15/09, 3:44 pm
