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    aligobs's Avatar
    aligobs Posts: 1, Reputation: 1
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    #1

    Nov 18, 2010, 02:50 AM
    Unpaid Property Tax on a home I'm holding the mortgage on
    I hold the mortgage on a property that the mortgagee has not paid property taxes on the past 3 years. I just found this out. What happens if the county siezes the property due to unpaid taxes? Will I have just lost any claim to the property?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Nov 19, 2010, 08:08 AM
    This is REALLY a legal question best posted in the LAW Forum.

    That said, I believe that your lien, as the primary mortgage holder, supercedes the country's claim on the property. However, YOU would have to pay the property taxes to retain your rights as first lien holder, then sue the mortgagee for those taxes.
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