0
If a property was given to someone and the previous owner has life use who pays the taxes?
Wiki User
∙ 11y ago
The person whose name is on the title of a property is billed for the taxes. If another party was given use of the property for life, there may or may not have been an agreement as to who paid those taxes. A review of that agreement is in order to see if there were any tax or upkeep obligations passed on to the party given use of the property. Are there?
The use of the term "previous owner" seems out of place here. Someone with "life use" doesn't own a property, and they can't "give it away" or "pass it on" because it does not belong to them. They, and they alone, had the use of the place and had an agreement as to the terms and conditions.
The owner of the property (and again, that's the person whose name is on the title) is the individual who will be sought to pay the taxes by the taxing authority. The county or whoever isn't interested in any of that "background" stuff, even though it may profoundly affect you and others. They (the taxing authority) bills the "registered owner" of the property for property and other taxes of ownership.
Wiki User
∙ 11y ago
Typically, the person who has ownership of the property is responsible for paying the taxes. In this case, if the property was given to someone and the previous owner has a life use, the new owner would generally be responsible for paying the taxes on the property. However, it is always recommended to consult with a legal professional or tax advisor for specific situations and jurisdictions.
Add your answer:
Earn +20 pts
If someone was given an auto and title with no contract but cannot make agreed payments what are the rights of the title holder or the previous owner?
It would be the previous owner's loss.
What is the word in LAW for a person who enjoys a property when it was given by an owner to look after temporarly for sometime.?
I BELIEVE that you might be referring to someone who holds a LIFE ESTATE to the property (i.e.: they can live on the property for as long as they live, or until they abandon it, and/or upon their death it reverts to the property owner).
Can the previous property owner be held liable for a mistake made by the title agency?
== == == ==
Can you be responsible for judgments against the previous owner of your property?
Absolutely yes, if you didn't make certain they were paid by the former owner before you paid for the property and took title.
Given a home but previous owner will not remove personal property?
You should seek the advice of an attorney before disposing of the property. You may simply need to give notice by certified mail to the owner stating a time period during which the property must be removed. You must act within the law or it may come back to haunt you later if the owner sues and you have no proof that you followed the law.
PREVIOUS OWNER?
WHO WAS PREVIOUS OWNER OF CAR? NAME ON TITLE OF CAR PREVIOUS OWNER OF CAR? looking to find out previous owner how many previous owner
I am a new home owner where the previous owners did not pay their property tax Do i have to pay it now?
To purchase a home it will be required that the taxes be payed. If the previous owner did not pay them and is not going to pay them then the new owner will be responsible for paying them before they can purchase the home.
What is the difference in a house being for sale and for rent?
A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.
previous owner info ?
previous owner information
Are police allowed to sit on private property and patrol a borough or township's roadways?
yes, if they are given permission by the property owner.
What is a tenant esstoppel certificate?
This is a certificate given from a property owner to the new property owner, which details all aspects of the tenant occupancy of the property, such as how many tenants, their information, how much they're paying in rent, etc.
How do you find out if a previous owner was paying for flood insurance on property?
You could Ask Them, But bear in mind that any coverage carried by the previous owner would only have been for the protection of the then named insured. No coverage or rights are inherited by the new owner from the old owners insurance.
