I gave my Landlord money to pay for the property tax, but I just found out that he hasn't been paying the property tax for the past two years (Louisiana). How will this effect me?
2007-11-02 10:18:32 · 7 answers · asked by xthuiex 1 in Business & Finance ➔ Taxes ➔ United States
I have a three year lease for the commercial property.
2007-11-02 12:15:42 · update #1
You might want to start looking for a new place to live or a way to buy the property after it is foreclosed on.
2007-11-02 10:22:15 · answer #1 · answered by ziggy_brat 6 · 1⤊ 0⤋
How it will impact you depends on your agreement as a tenant. If you have a month to month agreement, then if he loses the property for taxes, you may find that you are out of your home involuntarily since he can give you notice to move out.
If you have a lease, you may find yourself with a new landlord when the property is sold for taxes.
If you want to assure that the property taxes are paid so that you are not out of your home, you could pay them directly in lieu of rent. Maybe this would work for your benefit.
2007-11-02 11:39:47 · answer #2 · answered by ninasgramma 7 · 0⤊ 0⤋
send the landlord a certified letter specifying that you know of the situation and that if it is not remedied in a certain amount of time (say 30 days) that you will consider the lease null and void.
or you can go and find out how much he owes pay it and put your own lein on the house.
2007-11-06 08:04:46 · answer #3 · answered by stupid_not_cupid 3 · 0⤊ 0⤋
The lessee has the same rights as he had before the title change. They can't evict you unless your lease expires (providing that the lease is bonafide and not some trumped up document to evade the payment of the taxes.)
2007-11-02 10:42:05 · answer #4 · answered by Scott K 7 · 0⤊ 1⤋
The county or city will put a lien on his property and if he doesn't pay will eventually foreclose leaving you out on the street ....
2007-11-02 10:22:09 · answer #5 · answered by Anonymous · 0⤊ 0⤋
How can she "hand the old one" to you? It belongs to the owner. he's the only one with the authority to allow you to take over the hire. Your aunt could could desire to tell the owner she's ending her hire with him, and then he could % despite if he needs to hire to you instead. in common terms the criminal proprietor of a aspects is to blame for paying the valuables taxes. that could desire to be the owner, no longer the tenant.
2016-10-03 05:06:57 · answer #6 · answered by Anonymous · 0⤊ 0⤋
you will get a new landlord
2007-11-02 10:47:18 · answer #7 · answered by 3eleven 4 · 0⤊ 0⤋