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    Post: Property taxes in Lessee Name

    Posted by Ben on 6/30/13


    I'm currently owner financing land/home to Lessee since
    2004. In 2007, unbeknownst to me, Lessee went to County Tax
    office and had property taxes of said land/home put in his
    name. Once I found out, I contacted said office and inquired
    about it. They(tax office) said it was legal for him to do
    so but that the said property is still listed as me being
    the owner of property and if he was to default, I would be
    liable for taxes.
    That's not the problem as of yet. A point has been brought
    up to me that if Lessee continues to make the property tax
    payments for 7 years continuously, the owner of property
    automatically converts to Lessee. Is this the case and if
    so, must I hire an attorney to correct this before the 7
    years is up.....2014?

    Posts on this thread, including this one
  • Property taxes in Lessee Name, 6/30/13, by Ben.


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