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Do people over 65 pay property taxes in Florida?
Yes, individuals over 65 are still responsible for paying property taxes in Florida. However, they may be eligible for certain exemptions or discounts based on their age, income, or other factors. It's best to check with the local tax assessor's office for specific information on tax relief programs for seniors in Florida.
What is a bankruptcy trustee?
The court appointed person (usually another lawyer) that takes all non-exempt property from the debtor, liquidates the property, and pays the creditors (according to a specific formula)
Who pays the property tax if the property is used as commercial?
The state pays the property tax.
What are ownerships?
Ownership is an individua or a group of people who pays for the full cost of a property maintain the property to a required standard.
Who pays when landlords boiler leaks and damages tenants carpets and property?
The landlord because it's his responsibility to fix it before the house and/or property is damaged.
What does it mean to hold paper on a house?
To "hold paper" on a house means to hold a mortgage or loan on the property. Essentially, it refers to the legal ownership of the property by the lender until the borrower pays off the loan.
Does a renter of a house have to pay property taxes on it?
The answer technically is "NO" because the owner of the house pays the taxes. However, if it is stated in the lease that the renter signs, and the owner charges the property taxes, the answer would be yes. But, technically the owner legally pays property taxes on their home. If a renter signs a lease with this worded as such, the owner is scamming you and your rent will be higher than it should be. Do not sign it!
Who pays supplement property tax?
The buyer does because it is supplementation of difference of the taxes charged from the old price of the house to the new price of the house which was paid by the buyer.
Who pays the child support lean on a house when it is foreclosed?
Liens are due when the property is sold, and are the responsibility of the seller(s). A foreclosure is not a sale.
What does liability insurance pays for?
It pays to another party if you injure them or damage their property.
If you fall down at someones house who pays for the injury?
do you know/like them? if not they might be liable depending on who's fault it was. and if the condition of their property caused your fall.
Who pays for property tax?
Usually the owner of the property is the one that pays the property taxes on the owners property. Some time the mortgage company will pay them from a escrow account but the money that is in the escrow account comes from the property owners monthly payments.
