If you do not pay your delinguent property tax it is allowed to remain in default for five years maximum limit then the property can be sold at a publ...
If you do not pay your delinguent property tax it is allowed to remain in default for five years maximum limit then the property can be sold at a public auction or to a public agency. You can stop this by paying the taxes before the date that it is set to be sold.
In San Francisco, to redeem your property after it has been defaulted you must pay all of the delinguent property tax owed on the property, plus a 10% penalty must be paid on each year of delinguent taxes. You will have to pay a $10 administrative charge for every tax delinguent year. A monthly penalty on all of the unpaid taxes that have accumulated until that date must be paid. Also there is a redemption fee in the amount of $55.
If you have failed to pay your delinguent property tax and you now need to know how to redeem your property you can obtain an estimate by getting in contact with the Office of The Treasurer & Tax Collector. You can call (415) 554-4497. They will take calls during their business hours of 8 a.m. – 5 p.m. on Monday – Friday.
In order to have your penalty tallied correctly be sure to provide a specific date that you will be redeeming your property. Also bring with you a block number as well as a lot number for your property.
Remember that you can not pay only one year of delinguent property tax and expect to redeem. All of it will be tallied together for every year combined. All of it has to be paid in total to redeem the property. If you can’t afford to pay the entire amount of the delinquent property tax bill in full at the time, you are allowed to use a redemption installment plan just as long as the taxes which are unpaid have not remained so for over five years after the date they became defaulted. When you open an installment plan you have five years to pay the delinguent taxes – from the date which you took out the installment plan.
To redeem your property and pay your delinguent property tax you are allowed to open the installment plan account as soon as the following day after the taxes becomes defaulted.
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